VentureBeat July 24, 2022
If the first question out of people’s mouths about either blockchain or NFTs is “What exactly are they?” the second question inevitably is “Is this something that I actually need to care about?”
If you’re an artist who makes a living selling art, the answer might be yes. But if you’re in the engineering world, the potential benefits are far less clear.
On the record
A quick primer on these buzzy technologies is helpful here. Most people have heard of blockchain, a distributed-ledger technology that famously serves as the underpinning for cryptocurrencies like Bitcoin, which first appeared on the scene in 2008. The blockchain is able to record transactions and create an immutable record without the participation of any kind...