TANAKA Memorial Foundation Announces Recipients of Precious Metals Research Grants

  • Professor Haruichi Kanaya of Kyushu University presented the Umekichi Tanaka Award for research on bonding wire with electromagnetic wave shielding function, and Professor Seiji Ogo of Kyushu University presented the Gold Award for the development of precious metal hydrogen energy electron carriers
  • The development of bonding wires that contribute to highly reliable high-frequency wireless communication circuits and the creation of a hydrogen-derived electron carrier that enables direct use of electrons when needed received awards

TOKYO, Mar 29, 2024 – (JCN Newswire) – The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2023 Precious Metals Research Grants.

Following a rigorous screening process, the Umekichi Tanaka Award, for 10 million yen, was presented to Professor Haruichi Kanaya of Kyushu University, and the Gold Award, for 2 million yen, was presented to Professor Seiji Ogo of Kyushu University. In addition, one research project received the Silver Award, and three Young Researcher Awards were presented.

The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socio-economics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the “new world opened up by precious metals.” This year, the program’s 25th year, the Umekichi Tanaka Award was established in honor of the founder, Umekichi Tanaka, who was instrumental in expanding the industrial use of precious metals, and researchers were invited to apply for the program in a wide range of fields where precious metals can make contributions to the research and development of new technologies, and research and development can be applied to precious metals. As a result, a total of 210 applications were received, and a total of 19 research grants of 19.9 million yen was awarded.

The names of the recipients of the Umekichi Tanaka Award and Gold Award, their research, and the reasons for their selection are below.

Umekichi Tanaka Award
Professor Haruichi Kanaya of Kyushu University
Research on bonding wire with electromagnetic wave shielding function
This research engages in development to make it possible to use bonding wire in the high-frequency band, which was not previous possible, by coating the surface of bonding wire with a magnetic thin film containing precious metals. It is an extremely groundbreaking advancement that further applies the unprecedented phenomenon of magnetic thin films under study. It is expected to be applied to general electric wires, and the great potential for the expansion of precious metals into new material fields was also highly rated.

Gold Award
Professor Seiji Ogo of Kyushu University
Development of precious metal hydrogen energy electron carriers
This research seeks to create a single hydrogen-derived electron (precious metal complex) that can extract electrons from hydrogen under mild conditions and directly use the electrons when needed, as an unprecedented concept. It was highly rated not only as innovative energy carriers for the realization of carbon neutrality, but also as a potential for direct use in various catalytic reactions.

One Silver Award, three Young Researcher Awards, and 13 TANAKA Special Awards were also granted. The recipients and an overview of the Precious Metals Research Grants are indicated below. Applications for the FY2024 research grants are scheduled to open in the fall.

Overview of the 2023 Precious Metals Research Grants

[Conditions]
Research content that falls under any of the following
– New technology related to precious metals (new materials, processing methods, process development, etc.)
– Research that brings about innovative evolution in product development (new functions, process development, computational science, etc.)
– Research and development of new products using precious metals
– Effective technologies for creating a well-balanced and prosperous society
* Precious metal refers to eight elements of platinum, gold, silver, palladium, rhodium, iridium, ruthenium and osmium.
* If development is conducted jointly (or planned to be) with other material manufacturers, please indicate so.
* Products that have already been commercialized, put to practical use, or that are planned are not eligible.

[Grant Amounts] (Maximum amounts from a grant pool of 20 million yen)
– Umekichi Tanaka Award (New): 10 million yen
– Gold Award: 2 million yen
– Silver Award: 1 million yen
– Young Researcher Award: 1 million yen
– TANAKA Special Award (Previously Encouragement Award): 300,000 yen
* The grant amount is treated as a scholarship donation.
* Awards may not be granted in some cases.
* The Platinum Award was discontinued from this year.

[Eligible Candidates]
– Personnel who belong to (or work for) educational institutions in Japan (universities, graduate schools, or technical colleges) or public and related research institutions may participate.
* As long as the applicant is affiliated with a research institution in Japan, the base of activity can be in Japan or overseas.
* The Young Researcher Awards are for researchers under the age of 37 as of April 1, 2023.

[Application Period]
– 9am, September 4, 2023 (Mon) – 5pm, November 30, 2023 (Thu)

[Inquiries Concerning the Research Grant Program]
Precious Metals Research Grants Office
Global Marketing / R&D Supervisory Department, TANAKA Kikinzoku Kogyo K.K.
22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 100-6422
E-mail: joseikin@ml.tanaka.co.jp
TANAKA Memorial Foundation website: https://tanaka-foundation.or.jp

TANAKA Memorial Foundation
Organization Name: TANAKA Kikinzoku Memorial Foundation
Address: 22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Hideya Okamoto (Special Advisor, TANAKA Holdings Co., Ltd.)
Incorporated: 2015
Purpose of Business: To provide grants for research related to precious metals to contribute to the development and cultivation of new fields for precious metals, and to the development of science, technology, and the social economy.
Areas of Business:
– Provision of grants for scientific and technological research related to precious metals.
– Recognition of excellent analysis of precious metals and holding of seminars and other events.

TANAKA Holdings Co., Ltd.
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Founded: 1885
Incorporated: 1918*
Representative: Koichiro Tanaka, Group CEO
Capital: 500 million yen
Net sales of consolidated group: 611,100 million yen (as of the fiscal year ended December 2023)
Employees in consolidated group: 5,355 employees (as of the fiscal year ended December 2023)
Main businesses of the group: The holding company at the center of TANAKA PRECIOUS METALS is responsible for strategic and efficient group management and management guidance to group companies.
Website: https://www.tanaka.co.jp/english (TANAKA PRECIOUS METALS)
https://tanaka-preciousmetals.com/en (Industrial products)
* Tanaka Holdings adopted a holding company structure on April 1, 2010.

Press Inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

Press Release: http://www.acnnewswire.com/docs/files/20240329EN.pdf 


Topic: Press release summary

Japan – TANAKA Memorial Foundation Announces Recipients of Precious Metals Research Grants

The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2022 Precious Metals Research Grants.

Following a rigorous screening process, the Gold Awards, each for 2 million yen, were presented to Associate Professor Masashi Kaneko of Osaka University and Professor Seiji Miura of Hokkaido University. In addition, four research projects received Silver Awards, and four Young Researcher Awards were presented.

The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socio-economics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the “new world opened up by precious metals.” This year, the program’s 24th year, a total of 159 applications were received in a wide range of fields where precious metals can make contributions to the research and development of new technologies. A total of 16.2 million yen in research grants was awarded for 24 projects.

The names of the two Gold Award recipients, their research, and the reasons for their selection are below.

– Associate Professor Masashi Kaneko of Osaka University

Modeling of precious metal extraction and separation using Moessbauer spectroscopy parameters and computational chemistry

This research seeks to develop a computational method for predicting the solvent extraction equilibrium of precious metals. The research was highly rated for its development of a computational chemistry model for precious metal solvent extraction reactions according to chemical equilibrium theory, and based on computational chemistry benchmarking of precious metal complexes using Mossbauer spectroscopy parameters. The research has the potential of accelerating the development of new precious metal extraction agents in combination with experimental chemistry, while it also has scientific and industrial value as well.

– Professor Seiji Miura of Hokkaido University

Experiments to achieve microstructure control of precious metal-based high-entropy alloys

This research seeks to develop innovative metal materials aimed at creating strengthening mechanisms with high thermal stability through the use of microstructure control of precious metal-based high-entropy alloys using two-phase crystal structures and their orientation relationship. The research was highly rated for its research related to high-entropy alloys, which are being more actively researched and are gaining attention for their unique material properties. The research has the potential of opening up new material fields for precious metals and expanding their industrial usage.

Four Silver Awards, four Young Researcher Awards, and 12 Encouragement Awards were also granted. The recipients and an overview of the Precious Metals Research Grants are indicated below. Applications for the FY2023 research granted are scheduled to open in the fall.

List of FY2022 Precious Metals Research Grants Recipients

– Platinum Award (0 award, 5 million yen)
Non granted

– Gold Award (2 awards, 2 million yen each)

Masashi Kaneko, Associate Professor, Osaka University
Modeling of precious metal extraction and separation using Moessbauer spectroscopy parameters and computational chemistry

Seiji Miura, Professor, Hokkaido University
Experiments to achieve microstructure control of precious metal-based high-entropy alloys

– Silver Awards (4 awards, 1 million yen each)

Takatoshi Nagano, Lecturer, Ibaraki University
Efforts to clarify mechanisms that cause cracking in thin ruthenium film and to achieve low electrical resistance

Naoji Matsuhisa, Associate Professor, The University of Tokyo
Structural control and wearable applications of stretchable gold vapor deposition film

Zhou Weiwei, Assistant Professor, Tohoku University
Manufacturing and functional enhancement of 2D Mxene-reinforced silver-based composite materials

Hiroshi Yukawa, Designated professor, Nagoya University
Realization of deep tissue temperature imaging through development of band edge / defect-type near-infrared fluorescent quantum dots with silver in the core region

– Young Researcher Awards (4 awards, 1 million yen each)

Minori Goto, Assistant Professor, Osaka University
Improved efficiency of heat-driven spin devices using thermal resistance of precious metal / insulator interfaces

Hideki Narita, Specially Appointed Assistant Professor, Kyoto University
Control of magnetic superconductors using precious metals and development of nonvolatile superconducting devices

Wan-ting CHIU, Assistant Professor, Tokyo Institute of Technology
Effects on mechanical properties and functionality of medical-use titanium-gold-based shape-memory alloys through addition of transition metal elements

Lustikova Jana, Assistant Professor, Tohoku University
Formation of magnetic memory devices using precious metal / superconductor hetero-interfaces

– Encouragement Award (14 awards, 300,000 yen each)

Naotsugu Itoh, Specially-appointed Professor, Utsunomiya University
Takahiro Namazu, Professor, Kyoto University of Advanced Science
Teppei Araki, Associate Professor, Osaka University
Makoto Hasegawa, Professor, Chitose Institute of Science and Technology
Yuki Noda, Specially-appointed Assistant Professor, Osaka University
Yuki Shiomi, Associate Professor, The University of Tokyo
Takuya Matsumoto, Assistant professor, Osaka Metropolitan University
Shinya Kato, Assistant Professor, Nagoya Institute of Technology
Daisuke Tanaka, Professor, Kwansei Gakuin University
Kure Shochiku (SONG-ZHU CHU), Professor, Nagoya Institute of Technology
Atsushi Takagaki, Associate Professor, Kyushu University
Yusuke Yamauchi, Group Leader, National Institute for Materials Science
Yasuhiro Fukuma, Professor, Kyushu Institute of Technology
Koki Kubota, Researcher, University of Yamanashi
(Affiliated organizations and job titles correct as of time of presentation)

Overview of the 2022 Precious Metals Research Grants

Theme:
– Themes that involve any of the following: new technologies to which precious metals can make a contribution, research related to precious metals that will bring innovative evolution to products, or research and development of new products using precious metals

Grant Amounts:
– Platinum Award: 5 million yen (1 award)
– Gold Award: 2 million yen (1 award)
– Silver Awards: 1 million yen (4 awards)
– Young Researcher Awards: 1 million yen (2 awards)
– Encouragement Award: 300,000 yen (several awards)
* The grant amount is treated as a scholarship donation.
* Awards may not be granted in some cases.
* The number of awards is subject to change.

Eligible Candidates:
– Personnel who belong to (or work for) educational institutions in Japan (universities, graduate schools, or technical colleges) or public and related research institutions may participate.
* As long as the applicant is affiliated with a research institution in Japan, the base of activity can be in Japan or overseas.
* The Young Researcher Awards are for researchers under the age of 37 as of April 1, 2022.

Application Period:
– 9am, September 1, 2022 (Thu) – 5pm, November 30, 2022 (Wed)

Application Method:
– Enter the required information on the application form available on the TANAKA Memorial Foundation website (https://tanaka-foundation.or.jp) and upload details of the research (papers and supplementary material on the theme).

Announcement:
– Results will be announced on the TANAKA Memorial Foundation website around the end of March 2023.
* TANAKA will contact the award recipients directly.

Conditions:
Research content that falls under any of the following
– New technology related to precious metals
– Research and development related to precious metals that bring about innovative evolution in products
– Research and development of new products using precious metals
* Precious metal refers to eight elements of platinum, gold, silver, palladium, rhodium, iridium, ruthenium and osmium.
* If development is conducted jointly (or planned to be) with other material manufacturers, please indicate so.
* Products that have already been commercialized, put to practical use, or that are planned are not eligible.

Inquiries Concerning the Research Grant Program:
Precious Metals Research Grants Office
Global Marketing / R&D Supervisory Department, TANAKA Kikinzoku Kogyo K.K.
22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 100-6422
E-mail: joseikin@ml.tanaka.co.jp
TANAKA Memorial Foundation website: https://tanaka-foundation.or.jp

Press release in PDF: https://www.acnnewswire.com/docs/files/2023331_EN.pdf

TANAKA Memorial Foundation
Established: April 1, 2015
Address: 22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Hideya Okamoto
Purpose of Business: To provide grants for research related to precious metals to contribute to the development and cultivation of new fields for precious metals, and to the development of science, technology, and the social economy.
Areas of Business:
– Provision of grants for scientific and technological research related to precious metals.
– Recognition of excellent analysis of precious metals and holding of seminars and other events.

TANAKA Kikinzoku Kogyo K.K.
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Koichiro Tanaka, Representative Director & CEO
Founded: 1885
Incorporated: 1918
Capital: 500 million yen
Employees: 2,429 (including overseas subsidiaries) (as of March 31, 2022)
Sales: 389,646.82 million yen* (FY2021)
Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.
URL: https://tanaka-preciousmetals.com
* Starting from this fiscal year, due to the application of accounting standards related to recognition of revenues, the sales figure includes some transactions displayed as net amounts.

Press Inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

TANAKA Memorial Foundation Announces Precious Metals Research Grants Recipients

The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2021 Precious Metals Research Grants.

Following a rigorous screening process, the Gold Awards, each for 2 million yen, were presented to Junior Associate Professor Hiroaki Kubota of Tokai University and Associate Professor Fumihiro Inoue of YOKOHAMA National University. In addition, five research projects received Silver Awards, and four Young Researcher Awards were presented.

The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socio-economics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the “new world opened up by precious metals.” This year, the program’s 23rd year, a total of 137 applications were received in a wide range of fields where precious metals can make contributions to the research and development of new technologies. A total of 16.6 million yen in research grants was awarded for 23 projects.

The names of the two Gold Award recipients, their research, and the reasons for their selection are below.

– Junior Associate Professor Hiroaki Kubota, Tokai University
Enhancing development of model-based design and production technologies for electronic parts containing precious metals
This research seeks to develop model-based design and effectiveness evaluation using numerical analysis methods – represented by methods such as the finite element method – to minimize cost and takt time related to product design, prototyping, and process design. This research was highly rated for its study of model construction and developmental process efficiency using Ag-Cu alloys, which has the potential of helping the development of processing technologies and improvement of performance for precious metal spring contacts and other products.

– Associate Professor Fumihiro Inoue, YOKOHAMA National University
Formation of backside power delivery network using precious metal wires
This research seeks to develop technology for the development of metal wire formation, which is an element technology for three-dimensional mounting that is gaining attention as an integration technology for advanced logic devices. This research, which is related to the formation of precious metal wires as new materials that fulfill the conditions of metal wires, was highly rated for being research and development that can significantly contribute toward the practical application of this technology.

Five Silver Awards, four Young Researcher Awards, and 12 Encouragement Awards were also granted. The recipients and an overview of the Precious Metals Research Grants are indicated below. Applications for the FY2022 research granted are scheduled to open in the fall.

List of FY2021 Precious Metals Research Grants Recipients

– Platinum Award (0 award, 5 million yen)
Non granted

– Gold Award (2 awards, 2 million yen each)

Hiroaki Kubota, Junior Associate Professor, Tokai University
Enhancing development of model-based design and production technologies for electronic parts containing precious metals

Fumihiro Inoue, Associate Professor, YOKOHAMA National University
Formation of backside power delivery network using precious metal wires

– Silver Awards (5 awards, 1 million yen each)

Shoso Singubara, Professor, Kansai University
Formation of electroless ruthenium plating film and lowering its resistance

Yuichi Manaka, Researcher, National Institute of Advanced Industrial Science and Technology
Value conversion of NOx using precious metal catalyst

Yoko Yamabe-Mitarai, Professor, The University of Tokyo
Platinum group metal-based high entropy super heat-resistant material

Takuya Nakashima, Associate Professor, Nara Institute of Science and Technology
Creation of light-emitting materials based on precious metal clusters

Akitsu Shigetou, Principal Researcher, National Institute for Materials Science
Hybrid bonding of corrosion-resistant precious metals and organic materials at low temperature under atmospheric pressure

– Young Researcher Awards (4 awards, 1 million yen each)

Kosuke Ueki, Assistant Professor, KINDAI University
Development of Co-Cr-W-X alloy for next-generation stents that balances mechanical properties, corrosion resistance, biocompatibility, and X-ray visibility

Shinya Masuda, Project Research Associate, The University of Tokyo
Selective synthesis of gold cluster catalyst with high carrying rate of atomically precise size and composition

Taichi Goto, Assistant Professor, Toyohashi University of Technology
Development of high-frequency spin wave device using precious metals

Asuka Inada, Assistant Professor, University of Miyazaki
Development of innovative metal-organic framework formed using peptides and precious metals and its application in hydrogen storage medium

– Encouragement Award (12 awards, 300,000 yen each)
Chen Chuantong, Associate Professor, Osaka University
Minamiki Tsukuru, Research Scientist, National Institute of Advanced Industrial Science and Technology
Hiyori Uehara, Assistant Professor, National Institutes of Natural Sciences
Shinjiro Takano, Research Associate, The University of Tokyo
Shoko Fujii, Medical Doctor, Tokyo Medical and Dental University
Hiroyoshi Ohtsu, Assistant Professor, Tokyo Institute of Technology
Sun Jian, Special researcher, Tokyo Institute of Technology
Masakazu Matsubara, Associate Professor, Tohoku University
Katsunori Yogo, Assistant Professor, Nagoya University
Kaneyoshi Yamamoto, Professor, Hosei University
Haruyuki Ishii, Associate Professor, Yamaguchi University
Yoshiaki Nishijima, Associate Professor, YOKOHAMA National University

Overview of the 2021 Precious Metals Research Grants

Conditions:
Research content that falls under any of the following
– New technology related to precious metals
– Research and development related to precious metals that bring about innovative evolution in products
– Research and development of new products using precious metals
* Precious metal refers to eight elements of platinum, gold, silver, palladium, rhodium, iridium, ruthenium and osmium.
* If development is conducted jointly (or planned to be) with other material manufacturers, please indicate so.
* Products that have already been commercialized, put to practical use, or that are planned are not eligible.

Grant Amounts:
– Platinum Award: 5 million yen (1 award)
– Gold Award: 2 million yen (1 award)
– Silver Awards: 1 million yen (4 awards)
– Young Researcher Awards: 1 million yen (2 awards)
– Encouragement Award: 300,000 yen (several awards)
* The grant amount is treated as a scholarship donation.
* Awards may not be granted in some cases.
* The number of awards is subject to change.

Eligible Candidates:
– Personnel who belong to (or work for) educational institutions in Japan (universities, graduate schools, or technical colleges) or public and related research institutions may participate.
* As long as the applicant is affiliated with a research institution in Japan, the base of activity can be in Japan or overseas.
* The Young Researcher Awards are for researchers under the age of 37 as of April 1, 2021.

Application Period:
– 9am, September 1, 2021 (Wed) – 5pm, November 30, 2021 (Tue)

Inquiries Concerning the Research Grant Program:
Precious Metals Research Grants Office
Marketing Department, TANAKA Kikinzoku Kogyo K.K.
22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 100-6422
TEL: 03-6311-5596 FAX: 03-6311-5529 E-mail: joseikin@ml.tanaka.co.jp
TANAKA Memorial Foundation website: http://tanaka-foundation.or.jp

Press release in PDF: https://www.acnnewswire.com/docs/files/20220331_EN.pdf

TANAKA Memorial Foundation
Established: April 1, 2015
Address: 22F Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Hideya Okamoto
Purpose of Business: To provide grants for research related to precious metals to contribute to the development and cultivation of new fields for precious metals, and to the development of science, technology, and the social economy.
Areas of Business:
– Provision of grants for scientific and technological research related to precious metals.
– Recognition of excellent analysis of precious metals and holding of seminars and other events.

TANAKA Kikinzoku Kogyo K.K.
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Koichiro Tanaka, Representative Director & CEO
Founded: 1885
Incorporated: 1918
Capital: 500 million yen
Employees: 2,453 (as of March 31, 2021)
Sales: JPY 1,251,066,897,000 (FY2020)
Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.
URL: https://tanaka-preciousmetals.com

Press Inquiries
TANAKA Holdings Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/






Topic: Press release summary

TANAKA Memorial Foundation Announces Recipients of Precious Metals Research Grants
































































































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Blockchain-based Memorial Platform Enables Users to Preserve Cherished Memories

Stonses, a Dubai-based startup, has launched a blockchain-powered platform which allows for preserving the memories of our loved ones in a digital format. Stonses’ platform, which enables users to create unique digital identities with real-world objects, is built on a blockchain-powered asset management and NFT platform from UAE-based Verofax.

Wassim Merheby, CEO of Verofax, and Miha Balek, CEO of Stonses, together in Dubai. [Photo: Verofax]

In today’s digital era, our memories of people exist in the physical as well as the digital world. However, these memories may be scattered across devices or locations, some lost and others discarded, while the memories are also lost. Stonses aims to bring a permanence to those memories, through digital replicas of real-world objects linked to NFTs created by family friends and colleagues.

To make this happen, Stonses’ platform leverages NFT technology with QR codes as physical interactions, which the user can attach to any object that reminds them of their loved ones. A digital replica of the object is then built, and a unique identity is assigned to the object. This data is loaded onto an immutable blockchain, which enables the user to preserve the object and its associated memories forever, with control of the data to decide what is made public and what remains private, defining who has the right to create memories and who has only read access. By scanning the QR tag that connects the object to its digital replica, the user can instantly bring it, and the memories associated with that object, back to life. Thus, the QR tag serves as the bridge between a person’s memories and objects associated with them, and sharing with the public, amongst close family or a friends network securely, with Blockchain.

Stonses CEO Miha Balek says “The gift industry will reach $43.3 bn by 2027; objects are increasingly associated with people who own, use or gift them. Digital and physical objects create digital tokens, backed by Blockchain technology. Our memorial platform is the first to help preserve and exchange personal belongings across generations with technology, treasured assets to be transferred with ownership based on smart contracts.”

Wassim Merheby, CEO of Verofax, adds “When an object is replicated or digitally combined with certified content, its replica is called a digital twin or non-fungible Token. The first NFT project launched in 2015 on the Ethereum blockchain, but today assets and belongings can be tokenized digitally by making use of blockchain technology, which helps establish ownership and identity and seamless conditional transfer among user wallets.

While our blockchain-based asset management shoulders the Stonses memorial platform, it is also leveraged for other use-cases across industries. Retailers are using Verofax’ solution to render digital identities to their products along with information around origin, composition, and environmental sustainability. Verofax is a Microsoft co-selling gold partner whose solutions are also published to the Azure AppSource marketplace.

The ability to interface stakeholders securely and enable easy asset transfer and content access opens up new possibilities for organizations like Stonses, which is leveraging the direct-to-consumer interface to consolidate memories and assets of significance value. Stonses business model adds value to our personal lives, value that goes beyond the realm of monetary measures and efficiencies to that of meaningfulness.”

Please visit Stonses at www.stonses.com, or email info@stonses.com for details.
Visit Verofax at www.verofax.com for technical matters, or email info@verofax.com.

About Stonses
We are the first and only memorial platform for the global market. The future is fast approaching, and a new era of digital innovation and disruption is here. At GITEX, we presented the most innovative digital identity solution of the year, soon introduced: The Stonses Revolution officially launches at Burj Khalifa, Dubai on December 21.

About Verofax
Verofax is a blockchain-enabled Asset Digitization and Traceability solution provider, with presence across North America, Europe, Asia and MEA. The Verofax solution is available across multiple cloud environments, helping businesses transform physical into digitally-enabled products, and engaging meaningful interactions with customized user interfaces.


Topic: Press release summary