How NFTs could influence the rail market
ASTRAN Business Consulting GmbH
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.