In this video, the speaker presents insights on Non-Fungible Tokens (NFTs) after spending two years studying them closely. Instead of the usual associations with JPEGs or artistic projects, the focus lies on NFTs as metadata containers, highlighting how their core technology could revolutionize data access and verification. Using an example, the speaker shows how a unique 'soulbound' NFT granted when graduating college could transform the way we verify educational qualifications. This method would rely on clear, certified data from the awarding university as an 'oracle' source of truth, empowering individuals with self-sovereign proofs of their academic records.
00:00 Understanding the Power of NFTs
00:43 The Current State of Academic Records
01:02 The Limitations of Traditional Academic Records
01:50 The Potential of NFTs in Academic Records
#nft #blockchain
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