With reference to Non-Fungible Tokens (NFTs), consider the following statements :
1. They enable the digital representation of physical assets.
2. They are unique cryptographic tokens that exist on a blockchain.
3. They can be traded or exchanged at equivalency and therefore can be used as a medium of commercial transactions.
Which of the statements given above are correct ?
Science and Technology › Blockchain,Cryptocurrency
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Science and Technology › Blockchain,Cryptocurrency
Options
Answer
(A)
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Science and Technology › Blockchain,Cryptocurrency
With reference to Web 3.0, consider the following statements :
1. Web 3.0 technology enables people to control their own data.
2. In Web 3.0 world, there can be blockchain based social networks.
3. Web 3.0 is operated by users collectively rather than a corporation.
Which of the statements given above are correct ?Options
Answer
(D)