What is Blockchain IFO (Blockchain’s NFT)?
What is Blockchain IFO? It is a decentralized distributed shared ledger. Throug
What is Blockchain IFO? It is a decentralized distributed shared ledger. Through encryption algorithms and cryptographic technology, it enables peer-to-peer transmission. Its characteristics include the use of smart contracts to ensure the security and confirmation of transactions on the chain; in addition, the system can also support various financial applications (such as stocks, bonds, or others), including forex trading platforms, asset management companies, etc. It is reported that in the first half of 2019, IFO has completed a financing of 10 million US dollars.
Blockchain’s NFT
According to official sources, NFT is a type of virtual commodity that represents a special type of digital asset. Any form of token (such as artwork, game props, etc.) can be created on the blockchain without the involvement or permission of any third party.
NFT is a project developed based on the Ethereum public chain. It uses smart contract technology to guarantee the ownership and non-transferability of items; using smart contracts based on distributed ledger technology, it can record transaction information for ownership of each artwork; it can also perform tokenized issuance and invest in other products.
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