IT, AI & Digital Technologies
General Science & Technology · PYQ 2022
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?