How NFTs could influence the rail market

At ASTRAN, we are not only passionate about the railway or energy market. An interdisciplinary team deals with a wide range of topics on a daily basis. Whether it’s business, technology, strategy or socioeconomics – in our Insights we regularly give you an insight into exciting topics, explain interrelationships or present technical achievements.

Additional information

Pages

3

Publisher

ASTRAN Business Consulting GmbH

Release date

2022

SKU: IN22-3103
How NFTs could influence the rail market
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        Description

        How NFTs could influence the rail market

        Non-fungible tokens have been the talk of the town for a long time: German Youtuber Fynn Kliemann, Twitter’s CEO Jack Dorsey and even the trading house Christie’s organized auctions with non-fungible Tokens (NFTs). So far, their use has been primarily in the art market, but NFTs have potential in other NFT blockchain is not limited to its use as a cryptocurrency platform. cryptocurrency platform. For all the hype, however, there is also justified criticism – the CO2
        footprint of NFT transactions is enormous, the prices of artifacts have skyrocketed and have long since reached disproportionality before recently plummeting again. How to move from digital art to applications in the rail market? That’s what we outline in the following Insight.

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