A blockchain can be used by numerous parties to create non-fungible tokens (NFTs) and smart contracts. A NFT (Non-Fungible Token) is a unique item in a video game or virtual world that cannot be exchanged or traded with other items of the same type. NFTs are used in games like CryptoKitties, which lets users buy and sell virtual cats for real money. There is no current legal framework to regulate these new types of assets, but some of their potential applications are:
Artificial intelligence is increasingly making its presence felt in a range of industries, including the financial sector. Examples range from proprietary business intelligence platforms powered by visualizations of data, such as Altegris, or Uber X, or TenX, to commercial apps and online stores uch as EverLedger, or Moneta. The dream of reinventing the way we interact with money, however, is a far cry from the realities of the present.This has led a number of entrepreneurs to rethink the very design of money and place their bets on blockchain, the underlying technology behind cryptocurrencies. How are they trying to reinvent money? How are they trying to personalize it?Let’s take the example of EverLedger.
Your home is a very personal space. We tend to control the places we live and the people that inhabit them. What we define as our ‘comfort zone’ could be another person’s hell. Personalization does not mean your idea of comfort will match everyone else’s. You may believe that your way is best but that is not true. Always keep in mind that the technology today is capable of doing something you never thought of. You may encounter several challenges but this is what you have to learn and overcome. This is not easy, but that is why you have to be persistent. For now, take the plunge.