Cryptocurrencies like Bitcoin have been making steady inroads into the retail sector. The blockchain holds vast potential as a currency alternative to fiat currency. But since each Bitcoin represents an identical medium of exchange of value, it cannot represent the uniqueness of real-world assets like digital goods, real-world assets and identities.
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How Can Businesses Create Value with NFTs?
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Cryptocurrencies like Bitcoin have been making steady inroads into the retail sector. The blockchain holds vast potential as a currency alternative to fiat currency. But since each Bitcoin represents an identical medium of exchange of value, it cannot represent the uniqueness of real-world assets like digital goods, real-world assets and identities.