Deep‐Sea Treasure Hunting on the Blockchain


With an estimated $100 billion value in sunken artifacts in the waters surrounding the Bahamas, deep‐sea treasure hunters could soon satiate their thirst for a big bounty through blockchain technology.

Using an approach that tokenizes shipwrecked items found on the seafloor, the founders behind blockchain startup PO8 intend to revitalize marine archaeology in the region minus the kind of looting, corruption and lack of oversight that caused officials with the commonwealth government to put a halt to expeditions in the region for nearly two decades.

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