5 Trends Shaping the Future of NFTs | HackerNoon

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5 Trends Shaping the Future of NFTs | HackerNoon
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5 Trends Shaping the Future of NFTs

By purchasing an NFT, a person is buying a “picture for proof” of the authenticity of their identity. Such a picture acts as a digital identification, gives a privilege to the holder, and opens access to closed communities.on building an NFT verification mechanism. In the future, NFT-protected virtual identities will be able to use tokens as digital passports. Unlike their physical counterparts, they cannot be stolen, hacked, or counterfeited.

The NFT keeps the history of the item and can be used by the owner for resale. A buyer gets acquainted with the contents of the NFT, browses the archive, and purchases a used but high-quality thing. The chance that the buyer is deceived is next to zero. It may seem unrealistic but such iNFTs will become personal assistants to owners in their virtual homes in the Facebook metaverse. They will be able to "meet" the owner's friends and report where they are and when they will get in touch.Medical organizations and pharmaceutical companies need a clear mechanism for collecting, storing, and processing data. Given the current rules on the confidentiality of patient information and restrictions, this is extremely difficult to do.

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