Why NFTs Are The Future of Invoicingby@FrederikBussler
1,424 reads

Why NFTs Are The Future of Invoicing

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

NFTs, or non-fungible tokens, experienced a tulip mania-esque moment in 2021. Prices for these tokens surged as people began buying them up en masse. They are digital assets that can represent anything from works of art to tweets. Tokenized receipts are stored on a blockchain and contain a unique identifier that can be used to verify their authenticity. This means businesses will no longer have to worry about losing track of their invoices or being unable to prove that an invoice was paid. Blockchains are distributed ledger systems resistant to tampering and fraud.

Coin Mentioned

Mention Thumbnail
featured image - Why NFTs Are The Future of Invoicing
Frederik Bussler HackerNoon profile picture

@FrederikBussler

Frederik Bussler

Published author and writer.


Receive Stories from @FrederikBussler

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!