4 ms·
Generally, if you have to ask that, an NFT is not a good solution for your problem. In many cases, the answer is "yes", they very likely would, but it wouldn't
by Rule35 6y ago
Generally, if you have to ask that, an NFT is not a good solution for your problem. In many cases, the answer is "yes", they very likely would, but it wouldn't be easier than a non-NFT. If you were already in business with someone and both decided to use NFTs to track something, then almost assuredly.
A big problem is that ownership is proven by knowledge of a secret and you'd need to decide how would you want the court to decide if two people both present the ownership password/key? What would half-control over a cloud server be worth?
An NFT is great for a unique digital resource, where control over it and ownership are roughly the same. For instance, cryptokitties. You buy tokens which cannot be divided - you can't own half a cat - but can be transferred. Whoever controls the keys controls the cat. In this situation the token replaces a stored user credential, and a stored avatar.
In the real world though, I think they're a reasonable solution for short-lived, low to mid-value, non-fungible items, where users both want to swap their items and find doing so in a centralized way is too restrictive. Like concert tickets.