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E.g. buy house. Get deed saying you own house. Instead of getting deed as a piece of paper and your name in town books you get a NFT and its stores details on a
by gtvwill 5y ago
E.g. buy house. Get deed saying you own house. Instead of getting deed as a piece of paper and your name in town books you get a NFT and its stores details on a blockchain ledger.its just a new medium of storing data securely. What you use it for is upto you.
- alkonaut 5y agoThis just feels like traditional blockchain tech (putting the city ledger with all deeds in a cryptographic ledger)? That one I can understand. Non-distributed but public ledgers is one of few good use cases I can see for blockchains. My question was specifically “why NFTs” not “why cryptographic ledgers”.