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Verification of car parts using NFTs, the racing team of Lamborghini-sponsored

Vincenzo Sospiri the previous racing champion declared that the racing team Lamborghini-sponsored using NFTs would allow observing the quality and guarantee of their car parts.

The international motorsport Lamborghini branch sponsored a GT racing team named Vincenzo Sospiri Racing (VSR) and for the verification of racing car parts, VSR has declared their partnership with the nonfungible token (NFT) medium Go2NFT.

Verification of car parts using NFTs:

Vincenzo Sospiri the previous racing champion from VSR said in an announcement that the racing team with blockchain platform Skey Network and Go2NFT would create an NFT credential for race car parts, sent to  Cointelegraph. Lamborghini-sponsored using NFTs would allow observing the quality and guarantee of their car parts. Vincenzo Sospiri described that:

Vincenzo Sospiri

This also brings great responsibility to ensure that we can securely authenticate and audit every part of our racing fleet to monitor performance and ensure provenance.

In addition to car parts, Vincenzo Sospiri Racing VSR wants to extend the NFT credential program to government goods as well as other products. According to the GT racing team, this choice will give mental satisfaction to fans when they shop for branded items.

The director of Go2NFT Boris Ejsymont noted that using NFT can provide answers/solutions because he knows that his team understands the challenges brands face in protecting their intellectual property. Boris Ejsymont stated:

Boris Ejsymont

We believe that NFT utility can help create more trust and transparency for brands and their fans. This project with VSR is just the start of many such co-operations for beloved brands across the globe.

In 2022, crashing has been colliding well in the world of racing and crypto.  In February, with the crypto exchange platform Bybit racing team Red Bull Racing Formula 1 acquired a 150 million dollar partnership.  The founder of Bybit Ben Zhou stated in the interview with Cointelegraph that the people who are new to the crypto world this red bull partnership let his team reach newcomers.

In March, Crypto.com partnered with Aston Martin’s Formula 1 team car developer. Under the agreement, the brand’s F1 cars will display advertisements for the exchange. The executive of Aston Martin Jefferson Slack stated that the action allows developers of cars to better understand the crypto space.

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