Nft trend 🔥

When normal life is disrupted, and during times of crisis, innovation is often triggered. In 2008 big banks knowingly gambled with their clients money in high-risk ventures, plunging the U.S. into a financial crisis. It was in the aftermath of this disruption that blockchain was developed, becoming a massive enabler of change to a broken system. Blockchain is the engine, or system, in which all crypto currencies and NFT’s are built on. Blockchain records all transactions in a way that makes it difficult (if not impossible) to change, hack or cheat the system. Additionally it is decentralized, which means the transfer of control and decision-making changes from a centralized entity (individual, organization, or group thereof) to a distributed network (group of people). This revolutionary technology demands transparency, accountability and puts the power into the hands of its users. Subscribe
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The History And Future Of NFTs
Nicole Serena Silver
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I cover the future of business and personal/professional development.
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Nov 2, 2021,11:35am EDT
In this photo illustration the Non-fungible token (NFT) logo...
BRAZIL - 2021/08/29: In this photo illustration[+]SOPA IMAGES/LIGHTROCKET VIA GETTY IMAGES
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When normal life is disrupted, and during times of crisis, innovation is often triggered. In 2008 big banks knowingly gambled with their clients money in high-risk ventures, plunging the U.S. into a financial crisis. It was in the aftermath of this disruption that blockchain was developed, becoming a massive enabler of change to a broken system. Blockchain is the engine, or system, in which all crypto currencies and NFT’s are built on. Blockchain records all transactions in a way that makes it difficult (if not impossible) to change, hack or cheat the system. Additionally it is decentralized, which means the transfer of control and decision-making changes from a centralized entity (individual, organization, or group thereof) to a distributed network (group of people). This revolutionary technology demands transparency, accountability and puts the power into the hands of its users. 


The goal: to develop a new monetary system that wasn’t in the hands of a few who made decisions behind closed doors, rather a system that worked as a whole for all who were invested and a system that could be clearly monitored. The first major blockchain innovation was Bitcoin. Which was also the first global currency, a global currency that can be exchanged with ease between countries and without exchange rates. This becomes incredibly significant as we become a globalized society. Obtaining crypto currency works the same way as  exchanging your country's dollars for foriengn currency. The only difference is that instead of going to a bank, you exchange your money on a highly secure platform, such as Coinbase, Robinhood or Metamask. For those of you scared of the transference of money digitally, it is worth noting that traditional banks also hold your money in a digital format and run the potential of being hacked. The benefit of traditional banks is that they are insured. However, crypto is far more secure because it is built on the blockchain and every single touch point is tracked. This means higher security with less risk of being hacked and if there was a hacker they would be easily tracked.would be easily tracked.