What is a NFT? It is a growing topic of discussion in the blockchain community.
The blockchain is an open source distributed ledger system that records transactions securely and verifiably. It's more than just a database: Blockchain technology can be used to store all kinds of information, including medical records, property ownership, government records, and even certificates. food safety.
The idea behind blockchain is that it can be used to create new types of digital ledgers that can securely record transactions between parties without relying on third parties like banks or institutions. other financial institution to verify the transaction.
Smart contracts are another type of blockchain technology that is getting a lot of attention lately, as they allow two parties to agree to terms without having to trust each other or go through due process of legal review. copper. Instead, smart contracts allow two parties to agree to terms directly through code rather than through a paper contract with lawyers involved step-by-step.