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Showing posts from December, 2022

NON-FUNGIBLE TOKENS WITH AI

  NON-FUNGIBLE TOKENS(NFTs) WITH AI What are NFTs? A non-fungible token (NFT) is an unchangeable digital identity that is stored in a blockchain and used to verify ownership and authenticity. It cannot be duplicated, replaced, or divided. An NFT's ownership is documented in the blockchain and is transferrable by the owner, enabling the sale and exchange of NFTs. Anyone can make NFTs, and they don't necessarily need to know how to code NFTs operate similarly to cryptographic tokens, but they lack the fungibility of cryptocurrencies like Bitcoin or Ethereum because they cannot be exchanged for one another. Blockchains combine records with cryptographic hashes—sets of characters that uniquely identify a set of data—onto earlier records to form a chain of recognisable data blocks. This process is known as producing NFTs.  Each digital file is authenticated by this cryptographic transaction mechanism, which monitors NFT ownership through the provision of a digital signature. T