Sharjah, UAE, May 07, 2023 (GLOBE NEWSWIRE) — The Blockchain marriage service, Web3Wed.io, hosted the first blockchain wedding on April 28, 2023, at Bali’s K-Club, Ubud. Ilya and Elizabeth tied the knot and recorded their union in a smart contract on the Polygon blockchain.
Web3Wed.io offers an innovative approach that allows couples to formalize their relationship without any legal obligations, making it an ideal solution for couples who want to live together but are not ready for a full-fledged marriage. The service writes a necessary smart contract on the blockchain and updates it in case of divorce.
The first blockchain wedding marked the official launch of the Web3Wed.io platform. “The world is changing so fast, but marriages are still the same as centuries ago,” said Yury Reut, the founder, and CEO of Web3Wed.io. “Why can’t we connect people using blockchain? Co-living defeated the old matrimony system; it is a fact.”
Web3Wed.io is one-of-a-kind service on the market at this moment and has pioneered some unique features. Couples choose NFT wedding rings that symbolize…