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Another use for NFTs not mentioned: digital ownership certificates for physical goods. A Rolex’s certificate of authenticity or the deed to a house can be trans
by remolacha 6y ago
Another use for NFTs not mentioned: digital ownership certificates for physical goods. A Rolex’s certificate of authenticity or the deed to a house can be transformed into a token on the blockchain, which helps with liquidity and provenance.
- jjcc 6y agoThen the question is how do you associate a certificate to a specific physical item. For Rolex it's very difficult. A perfect counterfeit can have some almost identical outlook to a real one. Only physical items with unique features served as fingerprints are viable for the solution. Like diamond.