NFT

Feb
13
2022
By Ellen Britt
10 Ways NFTs Go Beyond Digital Art – Proving Product Authenticity

10 Ways NFTs Go Beyond Digital Art – Proving Product Authenticity

NFT,
Ellen Britt for CNT #NFT In the most recent installment in our series on use cases for NFTs, we looked at the exciting world of gaming. Today, we’ll examine how NFTs can prove that rare Patek Philippes that you purchased is actually what you bought, rather than a knock-off.  Because the blockchain can store all kinds of information about a product, including details about the manufacturing process, who owed the item before, and so forth, you'll trust that what you are purchasing is exactly what you believe it to be. All this information is permanent and immutable. But this goes far…
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Feb
12
2022
By Troy Warren
Someone took a loan using NFTs. A Revolution is About to Hit

Someone took a loan using NFTs. A Revolution is About to Hit

Editors Picks, NFT,
Troy Warren for CNT #EditorsPicks  #NFTWhen NFTs combine with DeFi, what basically happens is this: literally every physical object becomes a digital asset, while digital assets continue being made as usual as NFTs. Hence, if we can have a global 24/7 liquid market for buying and selling everything, imagine the possibilities of a global 24/7 blockchain enabled financial services market.We can have anyone in the world borrow, lend and pay funds to each other; all tracked by the blockchain and secure owing to decentralization of the network. This is a revolution that has huge implications for the future of finance…
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Feb
12
2022
By Troy Warren
Alfa Romeo is the First Major Carmaker to Use NFTs

Alfa Romeo is the First Major Carmaker to Use NFTs

Cars, NFT, ,
Troy Warren for CNT #Cars  #NFTIt is common knowledge that Alfa Romeo (owned by Stellantis, formerly Fiat Chrysler), the luxury Italian carmaker, is struggling relative to its fancier rivals like Mercedes when it comes to both sales and brand value. In a press media briefing, Alfa Romeo Head of Marketing Francesco Calcara mentioned that “Digitalization is a key enabler of our metamorphosis, NFTs will sustain the residual values of our models as we are the first in the market to adopt this next-generation technology.”So what is Alfa Romeo doing with NFTs? Let’s find out.They plan to use NFTs to track…
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Feb
12
2022
By Troy Warren
Get Ready to Order Your Big Mac from a Virtual McDonald’s in the Metaverse

Get Ready to Order Your Big Mac from a Virtual McDonald’s in the Metaverse

Foodie, NFT, , ,
By Jelisa Castrodale | FoodAndWine.ComTroy Warren for CNT #Foodie  #NFTMickey D's, Panera, and more digital fast food restaurants could soon offer NFTs and actual food for delivery.Oh man, get ready to explain this one to your parents. Earlier this week, trademark attorney Josh Gerben reported that McDonald's had filed 10 new trademark applications indicating that it is planning to open a virtual restaurant in the online metaverse.According to documents shared by Gerben, the applications include trademark protections for "virtual food and beverage products;  downloadable multimedia files containing artwork, text, audio and video files and non-fungible tokens," as well as for…
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Feb
12
2022
By Troy Warren
NYT Bestselling Author Mark Manson To Drop World Famous Book as NFTs

NYT Bestselling Author Mark Manson To Drop World Famous Book as NFTs

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Troy Warren for CNT #NFTBooks sound like the perfect NFTs. Writers and the literary industry, including major publishers of books, magazines and newspapers; may feel like a Déjà vu in the making.That’s because with the internet came a company called Amazon. And Amazon’s calling card to fame is that it started becoming Amazon by selling books. Today, with Audible and Kindle, it dominates the book sales market by also soliciting independent authors to publish their works directly with Amazon. So, the key question to ponder for book publishers is this: can they use NFTs and possibly claw back audiences to them…
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Feb
12
2022
By Ellen Britt
10 Ways NFTs Go Beyond Digital Art – Gaming Cross-Platform Playability

10 Ways NFTs Go Beyond Digital Art – Gaming Cross-Platform Playability

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Ellen Britt for CNT #NFT In our previous article in this series, we addressed using NFTs to make voting more secure. Today, we'll move to the world of gaming. In spite of some gamers “rebelling” against the introduction of NFTs into their favorite gaming platforms and games, the adoption of NFTs into the gaming space seems inevitable, as more and more companies come into the fold. The most exciting development that NFTs bring to gaming is NFTs will allow cross-platform playability. This is good news for game developers, as it lets them not only create an additional revenue source but allows them to…
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Feb
11
2022
By Ellen Britt
10 Ways NFTs Go Beyond Digital Art – Voting and Identity Verification

10 Ways NFTs Go Beyond Digital Art – Voting and Identity Verification

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Ellen Britt for CNT #NFT In our previous article, we talked about how NFTs could help to secure medical records and provide the confidentiality that patients so want and deserve, while at the same time, granting access to authorized healthcare personnel. A Real Change Today, we’ll take a look at how NFTs could solve the political debates over voter ID, not only in other countries but in the USA as well. Many people are subject to being disenfranchised if they do not have a copy of their ID or another form of documentation to prove not only where they live, but…
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Feb
10
2022
By Ellen Britt
10 Ways NFTs Go Beyond Digital Art – Medical Records Security

10 Ways NFTs Go Beyond Digital Art – Medical Records Security

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Ellen Britt for CNT #NFT In yesterday’s article in this series, we saw how NFTs can help to track art ownership. Today, we’ll take a look at number five on our list, medical records security. Because an NFT ledger can store records without risking a compromise in confidentiality or hacking from the outside, this technology is perfect for individual medical records. Oh, Baby!! There have already been NFT apps for healthcare, for example, NFT birth certificates for newborns. This is so valuable because it creates a lifelong identity that is absolutely linked to their birth certificate on the blockchain and which can be verified with…
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Feb
09
2022
By Ellen Britt
10 Ways NFTs Go Beyond Digital Art – Tracking Artwork

10 Ways NFTs Go Beyond Digital Art – Tracking Artwork

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Ellen Britt for CNT #NFT  In our previous article in this series, we took a look at how NFTs can increase supply chain transparency. Today, we’ll examine number four on our list, tracking art. A staggering amount of priceless artwork has been lost, especially in the aftermath of World War II. Some of this art was simply lost, other pieces were stolen by both individuals and groups and yet others were replaced by counterfeits. Priceless And Irreplaceable  Today, precious and irreplaceable pieces from the old masters can be tracked by tagging them through an NFT. Not only does this apply to the old masters, but…
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Feb
08
2022
By Ellen Britt
10 NFTs Use Cases That Go Beyond Digital Art – Supply Chain Transparency

10 NFTs Use Cases That Go Beyond Digital Art – Supply Chain Transparency

NFT,
Ellen Britt for CNT #NFT In our last article in this series, we took a look at the protection of intellectual property and patents. Today, we’ll examine number three on our list, supply chain transparency. Before the pandemic, the general public paid little attention to the idea of supply chains. But now, even your average Joe and Jane know just how important they are. Houston, We Have A Problem! In particular, there is a huge problem with being able to verify where a product came from, exactly what is in it, and so forth. This is especially true in the food industry. But this problem can…
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