Tuesday, April 27, 2021

NFTs explained: What are they, and what’s the enterprise use case?

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Tuesday in Tech

April 27, 2021

NFTs explained: What are they, and what's the enterprise use case?

NFTs, or non-fungible tokens, represent a unique digitized asset. The ownership of this asset tracked on the blockchain. While NFTs are making headlines for selling for millions upon millions of dollars, there's practical use cases for them beyond selling digital art. James Wester, Research Director for Worldwide Blockchain Strategies at IDC, joins Juliet to explain what exactly NFTs are, whether they are here to stay and why enterprises should be paying attention.

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