Non-fungible Tokens are the Internet of Property’s “HELLO WORLD” Application

Written by sillytuna | Published 2019/07/16
Tech Story Tags: games | nft | blockchain | decentralisation | latest-tech-stories | internet-of-property | non-fungible-token | hackernoon-top-story

TLDR The Internet of Property is going to empower people, brands and contribute to fintech across the world but what is it and why is it important? The ability to prove ownership is so valuable that it’s a key driver to productivity. Where one can’t prove ownership, one can't make economic use of the assets easily. Proving ownership of our digital purchases is also almost impossible because the ownership database is privately owned by Apple, Amazon, et al. A great experiment is being done in the game Axie Infinity, where offering loans and loans as collateral is impossible to do.via the TL;DR App

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Written by sillytuna | @SoulcastNFT, @SplootNFT, Clodhoppers @ClaymaticGames, Ex-alien Cryptopunk #9839, CloneX, BAYC, Meebits, Eufloria.
Published by HackerNoon on 2019/07/16