A Future Based on Blockchain
Blockchain gives us the technology to move information around securely and has almost complete confidence in the authenticity of any information you want to protect.
Let’s take a look at some of the most common stories on the web about celebrities and companies making money from digital property by selling NFTs (irreplaceable tokens).
Because the underlying blockchain record is immutable, NFTs allow sellers to verify the authenticity of a digital asset. When you buy an NFT, that transaction is added to the blockchain log and becomes a validated record of ownership. For those who want to verify the authenticity of a digital work, blockchain helps value digital art and collectibles in the same way as their physical counterparts. In theory, this leads to creators retaining value because of things, earning royalties on copies of digital art.
This is a direct demonstration that you can have a digital economy with digital property rights. It gives you the ability to unequivocally say, “I own and control this part of the digital economy.”
There are thousands of types of blockchain, from those on which Bitcoin, Solana, Near and countless other digital currencies are based, to those that have nothing to do with digital money.
For many, however, blockchain technology is a mysterious and even frightening subject. Some are skeptical that we will use this technology in the future. This skepticism today is understandable, as we are still in the early stages of developing and widely adopting blockchain technology.
Companies and governments around the world continue to test and adopt blockchain technology. Someday we will reach a point where government currency is based on blockchain or medical records are converted to blockchain, which may not happen soon, but it will definitely happen.
In the meantime, you can get ahead of the curve and bet on the power of blockchain. For example, by adding blockchain-based cryptocurrency to your financial circulation, although this is not the only method to make an investment in this technology. The main thing is to start by investing in yourself and gaining the necessary knowledge in this field, which is the future.
