LG Art Lab’s latest enhancements leverage unique features of the Hedera network for the benefit of NFT artists and art lovers

Simple, seamless and secure transaction processing, digital art authentication and guaranteed fair royalty distribution are just some of the upgrades to LG Art Lab – LG Electronics’ curated art NFT marketplace built on Hedera

LAS VEGAS, 4 January 2023 /PRNewswire/ — Since its recent launch on the Hedera network, LG Art Lab has continued to promote innovation and provide accessibility to the digital art world. With the latest upgrades, LG Art Lab further consolidates its position as a leading curator of digital art.

(PRNewsfoto/Hedera)

(PRNewsfoto/Hedera)

Art lovers can now easily and securely purchase curated digital artwork at home via LG Art Lab on LG Smart TVs with Blade Wallet, the network’s fastest growing wallet. The team partnered with enterprise Web3 solutions provider, Blade Labs, to introduce easy and secure purchase of NFTs. LG Art Lab continues to reduce the friction of transition between Web2 and Web3 activities, accelerating personal and enterprise adoption of Hedera’s distributed ledger technology.

In addition to providing greater accessibility, LG Electronics is committed to exclusively providing authentic digital artwork for LG Art Lab, through trusted and established art sources from around the world. The LG team also continues to champion artist rights by introducing mutually agreed royalties to the NFTs available through their marketplace. This allows artists to automatically receive royalties every time their work is sold and resold, with no additional intervention or work required. By focusing on accessibility and authenticity, LG Electronics is helping to further democratize the art world and empower creators through the LG Art Lab.

LG Art Lab is a fully interactive digital marketplace that allows users to shop for high-quality digital artwork and enjoy it on LG smart TVs. Hedera’s distributed ledger technology is known for its unparalleled delivery of enterprise-class security, speed and scalability. Responsible for the creation of over 40% of all accounts on the network, Blade has quickly become the most globally adopted wallet on Hedera, available as an app on Android and Apple mobile devices as well as a Google Chrome web extension. Blade Wallet is trusted by some of the biggest companies on earth, from enterprise security to its list of global partners.

About Hedera

The Hedera network is the most innovative, sustainable public ledger for the decentralized economy. Hedera’s robust ecosystem is built by a global community, on a network governed by a diverse council of industry-leading organizations, including abrdn, Avery DennisonBoeing, Chainlink Labs, DBS Bank, Dentons, Deutsche Telekom, DLA Piper, EDF (Électricité de France), eftpos, FIS (WorldPay), Google, IBM, the Indian Institute of Technology (IIT), LG Electronics, The London School of Economics (LSE), Magalu, Nomura Holdings, ServiceNow, Shinhan Bank, Standard Bank Group, Swirlds, Tata Communications, Ubisoft, University College London (UCL), Wipro and Zain Group.
For more information, visit www.hedera.com, or follow us on Twitter at @hedera, Telegram at t.me/hederahashgraph, or Discord at www.hedera.com/discord. The Hedera whitepaper can be found at www.hedera.com/papers.

About Blade Labs

Blade Labs is an enterprise Web3 solutions provider with a goal of enabling the next billion users to safely and seamlessly switch between Web2 and Web3 activities through its frictionless onboarding, easy integrations, and secure payment options. The flagship product, Blade Wallet, is a completely overhauled enterprise-grade Web3 wallet that is responsible for the creation of over 40% of all new accounts on Hedera.

Another series of products created by the Blade Labs team to advance its mission, BladeLinks, offers one-click solutions for user onboarding and registration, as well as NFT creation, sales and distribution.

Finally, the Blade Console is a web portal with low- and no-code Web3 developer tools that facilitate user experience customization, rapid product launches, and advanced analytics via an easy-to-use online dashboard.

To contact the Blade team or for more information about Blade Wallet, please visit www.bladewallet.io.

About LG Electronics Home Entertainment Company

LG Home Entertainment Company is an industry leader in televisions and audio-video systems and a globally recognized innovator for its leadership in OLED TVs that are revolutionizing the premium TV category. LG is committed to improving customers’ lives with innovative home entertainment products led by award-winning OLED TVs and QNED Mini LED TVs with Quantum Dot NanoCell technology and sound solutions with sustainable design. For more LG news, visit www.LGnewsroom.com.

For media inquiries
Zenobia Godschalk
Hedera
[email protected]

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SOURCE Hedera

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