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Recently, a NFT painting of digital artist Beeple was sold for $69.34 million, setting a record price for cryptoart. Earlier, Dorsey, the CEO of twitter, transferred his first tweet as a NFT, with the price of about $2.9 million. The birth of these high-priced works of art has pushed the cryptoart into the artistic field，which has been changing people’s traditional cognition and empirical judgement of art. So what is NFT? Is NFT valuable?
NFT (non-homogeneous token) is also a kind of cryptocurrency asset, which relying on the blockchain network behind it. The holding information of these assets can be recorded in the blockchain. Different from bitcoin and Ethereum, each NFT is unique, so it is not for exchange, like basic commodity purchase or other basic transactions money. However, because of that NFT assets can
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In the Information Age, Data Becomes a New Factor of Productivity
Singapore, Singapore (Newsfile Corp. - April 29, 2021) - In economics, factors of production, also known as production inputs, are essential resources for the production of goods and services. In his epochal work Principles of Economics , famous British economist Marshall put forward the theory of four factors of production land, labor, capital and entrepreneurial talent. National income (NI) is the reward of four factors, and that is, national income (NI) = labor wage (w) + land rent (r) + capital interest (i) + operating profit (π). This four-in-one formula sums up the core of western economic production theory and distribution theory, which has been widely accepted for more than a century.
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Singapore, Singapore (Newsfile Corp. - April 21, 2021) - After the outbreak of COVID-19, the risk of privacy leakage is increasing. At the beginning of 2020, the sudden outbreak of the COVID-19 pandemic brought a huge impact on everyone s work and life. On the one hand, the working-from-home scenario has pushed the development of digital office. Many companies have had to transfer the materials and assets from offline to online within a short time. On the other hand, to meet the demands of the public health and pandemic control, personal health data is collected and processed digitally to be used in areas like pandemic prevention and control, health services, and tracing inquiries. For instance, travel health codes have been used in countries like China and Spain for COVID-tracing, and many countries around the world have provided the online services of test appointment and test results inquiries. The outbreak of the COVID-19 pandemic has inspired people to rethink the construct