NFTs

According to the Merriam-Webster Dictionary, NFTs, or non-fungible tokens, are unique digital IDs that cannot be copied or substituted. The tokens are recorded in a blockchain, which is a digital paper trail of sorts that is stored on computers across the internet. It is used to certify authenticity and ownership. NFT crypto assets, which are based on distributed ledger technology, serve as a method of authentication for buyers of one-of-a-kind items, proving aspects such as ownership. In recent two years (2021 & 2022), NFTs became much more well-known. Other use cases for NFTs include companies tracking their internal resources or platforms verifying subscriptions and usage.