Non-Fungible Token (NFT).pptx
•Download as PPTX, PDF•
0 likes•37 views
Non-Fungible Token (NFT)
Recommended
More Related Content
Similar to Non-Fungible Token (NFT).pptx
Similar to Non-Fungible Token (NFT).pptx (20)
More from The Cryptography Centre For Excellence
More from The Cryptography Centre For Excellence (13)
Recently uploaded
Recently uploaded (20)
Non-Fungible Token (NFT).pptx
- 2. What is a Non-Fungible Token? NFT Unique Metadata describes what makes this asset different from others Transferable NFT can be freely traded on specific markets Ownable Blockchain technology helps improve ownership Indivisible NFT cannot be split into smaller denominations
- 3. Current misuse of Non-Fungible Token (NFT) digital file sold for $500 What was brought? Ownership? IP Rights? Someone paid $500 to buy an entry on a ledger Who paid whom? – identity matters Purchasing the NFT does not mean the NTF holder has full rights of intellectual property ownership: There is no: Digital rights management Copy protection Guarantee of availability
- 4. Benefits of Non-Fungible Token (NFT) Traceability Proof of authenticity Cost reduction
- 5. Value Non-Fungible Token (NFT) bring Ownership Traceability Authenticity Security Safety