Indonesia’s Ministry of Tourism and Creative Economy deputy has partnered with Quantum Temple to protect the heritage of the country and enhance virtual tourism.
The move’s advocate is Muhammad Neil El Himam who is the deputy chairman for the digital economy and creative products in Indonesia’s Ministry of Tourism and Creative Economy. El Himam entrusted Quantum Temple to preserve Indonesia’s culture.
Quantum Temple is a technology company that leverages NFTs for preservation. The company aims to protect nations’ cultural heritage from emerging technologies, such as deep fake.
Cultural heritage assets can be tokenized on a blockchain and protected, ensuring their preservation while boosting virtual tourism. Quantum Temple’s CEO, Linda Adami, says her team has created a multichain NFT marketplace that brings together cultural heritage and tourism. The marketplace will utilize Ethereum and Algorand, allowing tangible and intangible heritage to be tokenized as unique digital assets.
However, there are regulatory and technical challenges that must be overcome before tokenized digital assets become widely adopted. Although Muhammad Neil El Himam is enthusiastic about the potential of blockchain technology, he acknowledges that regulatory uncertainty in the region could obstruct adoption.
Despite these obstacles, Linda Adami is optimistic about the progress made by Asian institutions in grasping blockchain-based use cases. She believes that Indonesia’s Ministry of Tourism and Creative Economy understands how NFTs can create a new funding model for the cultural and creative sector.
Different countries consider the possible use cases of blockchain technology
The partnership between Indonesia and Quantum Temple underscores the potential of blockchain technology and NFTs to preserve cultural heritage while enhancing virtual tourism.
Technological innovations, such as blockchain technology, can be used for countries’ cultures. For example, Thailand created a digital art collection that allows tourists to experience multiple touristic sites in the country.
Although there are challenges to be overcome, blockchain technology can be a good solution for the issues of the tourism sector and culture.