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Philately

Luxembourg issues first crypto-stamp



Post Luxembourg announced the introduction of its inaugural crypto-stamp on Tuesday, a development occurring over 170 years after the first stamps were issued in the grand duchy. Photo: Post Philately

Post Luxembourg announced the introduction of its inaugural crypto-stamp on Tuesday, a development occurring over 170 years after the first stamps were issued in the grand duchy. Photo: Post Philately

Post Luxembourg unveiled its first crypto-stamp, which features a lion design and is linked to blockchain technology.

Post Luxembourg introduced the first-ever crypto-stamp linked to blockchain technology on Tuesday 10 October 2023, showcasing a lion design.

Comprising a traditional physical stamp valued at €9 and a corresponding digital twin, the latter serves as a collectible image that can be traded and exchanged thanks to its blockchain.

Claude Balthasar, head of Post Philately, told Delano on Wednesday, “More than 170 years after the first stamps were issued in the grand duchy, we have just launched an innovative way of collecting and exchanging stamps through the use of blockchain technology. Through our collaboration with Österreichische Post and PostNL, we aim to reach a new audience and build a global community of stamp collectors while making collecting and exchanging more accessible, convenient and secure.”

Only 75,000 copies of the collectible stamps are available.

Further information and details here.