Lamborghini, a famous Italian manufacturer of luxury sports cars, continues to utilize the Blockchain in its corporate operations. Amidst the latest technology developments, the well-known brand is applying blockchain to digitize its collectible stamps.

Lamborghini is launching its first collectible digital stamps, the "Automobili Lamborghini Collection." Powered by blockchain technology, the new collection is a series of collectible digital stamps dedicated to the history of the world's nigh iconic luxury brand cars.

The outset postage from the Automobili Lamborghini Collection is devoted to the Huracán EVO RWD Spyder, a new model unveiled in May 2022, the firm officially announced on May 14. The announcement comes presently after Lamborghini restarted product on May 4, post-obit a temporary intermission of visitor activities among the COVID-19 pandemic.

Lamborghini partners with local DLT-powered collectible startup

In gild to deliver its new collectible digital stamps, Lamborghini partnered with a local blockchain collectible startup known as Bitstamps. The starting time Huracán EVO RWD Spyder stamp is already bachelor by downloading the Bitstamps.app on iOS. The stamp will be issued in a express and numbered edition of xx,000 pieces.

Past using blockchain engineering, the popular car brand intends to ensure history and uniqueness of each postage, which represents a "single" digital object, Lamborghini said. Afterward a Bitstamps-powered digital Lamborghini stamp is purchased, it will exist available for reselling, the firm elaborated, stating:

"The postage stamp can be purchased, collected, or resold exactly like a paper stamp. The collection works exactly the same fashion: you lot can admire information technology, check its progress, give stamps every bit a gift or resell them."

Equally specified on Bitstamps.app, the price of the Huracán EVO RWD Spyder postage accounts for nine.90 euro as of press time. Information technology is not immediately articulate what types of payment methods would be available to buy the postage on the platform. Cointelegraph reached out to Lamborghini and Bitstamps to larn more details about the thing. This story will be updated should they respond.

Blockchain is increasingly used to authenticate collectibles

Blockchain technology has found implementations in digitizing artworks and sport-related collectibles, likewise equally collectible digital stamps. In June 2022, the Austrian Post besides released a line of blockchain-certified collectible stamps. Apparently, the digital stamps by the Austrian Mail became the first stamps in the world to be authenticated via blockchain technology.

Lamborghini's blockchain-enabled digital stamp is not the company'due south start evolution involving blockchain engineering science. Last year, Lamborghini deployed Salesforce Blockchain to authenticate heritage Lamborghini cars.

The community also cites the Lamborghini brand in the popular community-centric phrase, "When Lambo?". Often referred to as one of the most used phrases in the crypto infinite (aslope "When Moon"), the phrase has become a symbol of the crypto boom promising users fast riches through cryptos similar Bitcoin (BTC).