Introduction of Non-Fungible Tokens
The Vatican Apostolic Library announced plans to expand its Web3 adoption by issuing non-transferable NFTs (Non-Fungible Tokens) to supporters of its manuscript collections. Currently, this experimental project is limited to Italian donors who support the library.
Details of the Initiative
The Vatican Library, renowned for its extensive collection of ancient manuscripts and printed books, released details of the program in an official statement. Italian participants promoting the NFT project on social media until July 16 will receive a "silver NFT," granting access to a unique collection of high-resolution images of 15 manuscripts. Additionally, donors will receive a "gold NFT," allowing access to all high-resolution images of selected manuscripts.
Future Expansion Plans
This initiative might extend further, potentially enabling virtual exploration of the library through immersive XR (extended reality) technology. The Vatican Apostolic Library, located within Vatican City in a building from the late 16th century, continues its mission of public outreach with this digital transformation.
Digital Transformation for Modern Accessibility
Founded in the 14th century, with origins dating back to the 4th century, the Vatican Apostolic Library is a crucial repository of historical documents of the Catholic Church. The Web3 project underscores the library’s ongoing commitment to making its ancient treasures more accessible to a broader audience. In 2020, the Vatican launched an updated website for the library, enhancing search functions and simplifying access to digitized treasures, including high-resolution reproductions of manuscripts, archival materials, coins, medals, and incunabula (European works printed before the 16th century).
Exploring Immersive Experiences
The Vatican Library hints at future possibilities of virtual or augmented reality (AR-VR) tours. Father Mauro Mantovani, the Prefect of the Vatican Apostolic Library, stated this week:
"I believe our heritage requires special attention and dedicated efforts for preservation and promotion."
Collaboration with NTT DATA
The Vatican has partnered with the Japanese tech giant NTT DATA to leverage Web3 and build a stronger online community. This project aims to connect the library with its supporters through innovative digital approaches. Last year, NTT DATA announced plans to invest heavily in Web3 infrastructure, committing up to $4 billion. The company is also venturing into the cryptocurrency sector, with a subsidiary planning to launch its cryptocurrency wallet by the end of 2024.
Conclusion
The Vatican Apostolic Library’s adoption of Web3 and NFTs signifies a significant step towards modernizing its engagement with the public, making ancient manuscripts accessible in innovative ways. This move, in collaboration with NTT DATA, aims to foster a global community of supporters and preserve the library’s rich heritage through cutting-edge technology.