The Vincenzo Sospiri Racing (VSR) racing team, which is supported by Lamborghini’s sports department, is now integrating NFTs on its vehicle parts. This technology, deployed by Go2NFT from SkeyNetwork (SKEY), will allow for optimal traceability of these elements.
Lamborghini experiments with NFTs
The Vincenzo Sospiri Racing (VSR) racing team, supported by Lamborghini Squadra Corse, is experimenting with the certification of its vehicles’ spare parts using non-fungible tokens (NFTs). VSR participates in various car championships such as the GT World Challenge Europe Endurance. The Squadra Corse is the sports department of the famous bull brand.
To carry out its project, the team has used the services of Go2NFT. The latter, powered by SkeyNetwork (SKEY), connects real world objects to the blockchain through NFTs:
While this is a first in automotive racing, it is not the first time an NFT has been associated with a vehicle. Alfa Romeo, for example, stood out by integrating a non-fungible token as the Tonale’s service book.
A guarantee for car parts
With their technology, Go2NFT and SkeyNetwork are developing what they call the blockchain of objects (BoT). Here, the concept is applied to auto racing, to guarantee the authenticity and traceability of spare parts. The NFT will contain information such as the serial number or the history of the part for example.
This information can be read thanks to an NFC chip. This allows short distance communication like with bank cards offering contactless payment.
In addition to vehicles, these NFTs can also be used to certify Lamborghini derivative products with VSR colors. This will guarantee their authenticity.
Radoslaw Krzycki, CEO of Skey Network, welcomed the partnership:
“I don’t know of any blockchain or crypto project in the world that wouldn’t love to be associated, through our relationship with VSR, with Lamborghini motorsport programs. […] With our Go2NFT platform, we […] aim to bring NFT utility to all brands that want to protect their products and customers, ensuring clear and universally used authentication.”
While such initiatives are still in their infancy at the moment, it is certain that we are facing the logical next step in object connectivity. Little by little, these NFT certifications will eventually become part of our daily lives.