Blockchain technology is making a strong impact in the finance industry due to the fact that it enables decentralization and direct peer-to-peer transactions. Removing the financial intermediary, i.e. the bank, can increase convenience, efficiency, and security. Direct peer-to-peer transactions can be settled instantly compared with interbank transfers that traditionally take several days. Transaction fees can […]
Tag: NFT
Non-fungible tokens (NFTs) have caught people’s attention. For those interested in collecting original digital assets, NFTs have become the new way to legitimize ownership of anything that can be digitized. An asset is fungible if one unit can be directly exchanged for any other unit of the same asset. In other words, each unit of […]