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NFTs: The Newest Collectible | eSecurityPlanet - Vimarsana News

NFTs: The Newest Collectible | eSecurityPlanet

What is a non-fungible token (NFT)? A non-fungible token (NFT) is a digital certificate of ownership that contains metadata unique to the token. Like cryptocurrency, NFTs are bought and sold through a blockchain that permanently records the transaction, but no one NFT is identical to another, unlike most crypto coins. These tokens are virtual representations of any actual or intangible asset, including artwork, music, video clips, digital trading cards, tokenized real-world assets, and virtual land. How do NFTs work? Much like cryptocurrency, NFTs use blockchain technology for advanced certif...