So in other words, NFTs could be theoretically used for a next generation digital rights management system or at least as a way to insert unique electronic watermarks into pieces of digital property in a way in which no modifications can be made, or even used for things like providing a verification mechanism for election systems. These are my thoughts on some of the non-financial applications. Others might be for physical asset and inventory control like for retail merchandise or for electronic medical records. The possible applications for the blockchain are limitless.
So in other words, NFTs could be theoretically used for a next generation digital rights management system or at least as a way to insert a unique electronic watermarks into pieces of digital property in a way in which no modifications can be made or even used for things like providing a verification mechanism for election systems. These are my thoughts on some of the non-financial applications. Others might be for physical asset and inventory control like for retail merchandise or for electronic medical records. The possible applications for the blockchain are limitless.