Everything technology touches gets a digital makeover and the creative space wouldn’t be the exception. Non-fungible tokens (NFTs) are virtual assets that represent objects influenced by art, music, games, and videos. You can only buy them online, likely with cryptocurrency. NFTs are generally encoded with the same underlying software as many cryptos. In fact, they are part of the Ethereum blockchain, a cryptocurrency, like bitcoin or dogecoin.

Economic and societal inequality, concerns about human rights and protecting our environment, combined with the need for effective governance frameworks to address these issues, have created a near-perfect environment for blockchain technology to be part of the solution.

In March 2022, the Blockchain in Telecom: Global Markets report published by Research and Markets, valued the global market for blockchain in telecom at $143.6 Million in 2021 and projected it to grow to $1.03 billion by 2026. That’s a massive compound annual growth rate of 48.5%. But other reports are even more upbeat.

Cryptocurrency, the next generation of money. Adored by luminaries from Elon Musk to Snoop Dogg. Now the official currency of El Salvador, and a funding source for Ukrainian resistance to the Russian invasion. But is crypto really all that it seems? Cryptocurrency has tremendous potential to address a host of the world’s financial issues: from limited access to financial resources, to ineffective and costly payment and transfer services.