Kapu is an Italian startup that brought the blockchain into the world of archeology. Born from the intuition of Martino Merola, iOS developer and veteran of cryptocurrency mining, Kapu managed in a very short time to develop a system of cataloging archaeological finds that attracted the attention of UNESCO (which invited the whole team to present the project at the Paris headquarters, during one of the most important events of the year). To finance this ambitious project, a TEC was launched in September 2017, following which kapu – criptomoneta that bears the name of the company – is currently listed on the livecoin.net exchange.
We interviewed Martino Merola, founder and CEO of Kapu, for more information on the functioning of this blockchain applied to archeology and the characteristics of the project.
What is the Kapu project about?
Preservation of archaeological finds is essential to preserve its uniqueness, rarity and cultural value. Unfortunately, this conservation is constantly threatened: loss, alterations and the passage of time can undermine the integrity of a heritage of inestimable value. The KAPU project was born with the intent to make the material traces of our past immutable and eternal, by fixing the history of man in an indelible way – through the realization of the first archaeological blockchain of modern times.
I come from a city in Campania, Capua, which had already worked out a blockchain system over 2000 years ago: incredible but true, in Capua it was customary to use multiple copies of the city registers – geographically dispersed throughout the territory – in order to preserve the integrity of information. Here then Kapu, in continuity with the history of the city from which it takes its name, intends to use the blockchain to preserve the teachings of history and to make sure that the present is remembered by our children in the future.
How are the archaeological data collected?
Blockchain is not necessarily synonymous with cryptocurrencies. In fact, virtual coins are just one of the possible applications. Thanks to the absence of centralized management, the blockchain allows you to send data securely – in the absence of intermediaries. The data related to the ancient findings will be managed through a shared system, which will allow the interested parties to share information about the finds in question safely and quickly – making them accessible to everyone. This way of sharing information will guarantee a concrete support to professionals working in the field of archeology and, at the same time, aims to be a valid aid also for Ministries, Universities, schools and museums. Above all, it will allow the creation of an ad hoc service which will benefit citizenship – which will be offered a service to consult the finds and information related to them with various tools, such as access and analysis with 3D viewers, exploitation of augmented reality, access a file in .STL format for 3D printing, etc.
You also created a cryptocurrency, in order to finance the project
Yes, we have created kapu thanks to the valuable contribution of part of the ARK team (one of the most promising and best performing crypts on the market) – of which kapu is a fork Currently kapu is listed on livecoin.net, where it is possible to buy it, and we are working to bring it to other exchanges.
Some people criticize the cryptocurrencies because of the waste of energy
Kapu remedied this problem by adopting the DPoS system (Delegated Proof of Stake), inherited from ARK: this system represents an evolution of the PoS, also developed in order to reduce the costs and inefficiency associated with the consumption of electricity typical of PoW systems (Proof of Work) – used for example by Bitcoin.
What are your future plans?
We are working on the development of the project, at 360 degrees. We are expanding our team, we have recently strengthened the legal, communication and development departments. We participate in the working group wanted by the Municipality of Naples for the creation of a blockchain to be applied to the PA, which makes us proud – especially considering that Naples hosts the National Archaeological Museum and that maybe one day the same could accept kapu which method of payment. Our Investor Relations Manager has a dense agenda, with meetings that in the coming months will take her to Switzerland, The UK, France, Malta.
Here you can find the interview in italian