Artracx is a product of Trinity Lab startup accelerator program. It is a new digital marketplace for art and collectibles, and it solves a major problem in tracking, tracing physical items, and giving them a digital identity following the international Art ID Standard consortium – an important element for commerce in the metaverse.
Fraud schemes, especially those that target the elderly and other vulnerable groups, are nothing new, but the challenges of pandemic life made way for a rise in victimization.
Lithuania will be leading the coalition of six EU countries – which also includes Croatia, Poland, Estonia, Romania and the Netherlands – in order “to help Ukrainian institutions to cope with growing cyber-threats.”
Disaster management, roads administration and water agency's websites were affected, along with the Defence Ministry and the National Institute for Land Transportation.
The digital identity legislation expands the scheme to the private sector and state and territory governments, as well as legislating privacy and consumer protections and establishing permanent governance arrangements and a regulatory regime.
