Soulbound tokens (SBTs) are non-transferable tokens representing a person’s identity using blockchain technology. Sounds interesting? Learn more 👇
SBTs aim to turn the NFT concept into something beyond money and bragging rights, a token that is both one-of-a-kind and non-transferable. While NFTs represent assets and property, an SBT represents a person or entity’s reputation. And unlike an NFT, SBTs hold zero monetary value and cannot be traded once issued to someone’s wallet.SBTs have a wide range of potential use cases. Here are some examples that could potentially find use in everyday life.
The SBT would store the student’s credentials, proving they hold the relevant qualifications and are a member of the university. Simply put, the SBT would function as proof of attendance.In theory, job applicants could submit all their prior work history and professional certificates using official SBTs issued by previous companies and institutions. The SBTs would function as proof of skill certificates.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
All About Utility NFTs, the Unique Tokens With Practical Applications | Binance BlogNFTs aren't just valuable jpegs, their utility can stretch across various industries including fashion, gaming and so on. Let's dive into utility NFTs, and highlight some that are available on TheBinanceNFT Marketplace.
Weiterlesen »
One of the Cheapest Ways to Buy BUSD: Binance P2P | Binance BlogBinance P2P users with a quick and cost-effective platform for purchasing stablecoins such as BUSD. Learn about some of the other benefits of trading on Binance P2P in this blog.
Weiterlesen »
776 Million Dogecoin Moved by Anons, 1/3 Goes to Binance: DetailsAnonymous whales have shifted over half billion Dogecoins, splitting them between Binance and top 20 wallets; here's how Musk still helps DOGE against SHIB
Weiterlesen »
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan – Exchanges Bitcoin NewsCrypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan.
Weiterlesen »
Academy apologizes to Sacheen Littlefeather nearly 50 years after rejecting an Oscar on Marlon Brando's behalfSacheen Littlefeather will be honored September 17th at the Academy's museum.
Weiterlesen »
Viola Davis Joins the 'Hunger Games' Prequel as Its VillainThe Academy Award winner is set to star opposite Rachel Zegler, Tom Blyth, and Hunter Schafer.
Weiterlesen »