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Smart contracts and NFTs, what are they and how can we use them?

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A few weeks ago, I announced the changes that the crypto economy will bring about in the markets for goods and services, especially in the financial and insurance markets. However, the adjustments that Blockchain and smart contracts will bring to business represent a real commercial revolution. Why is it necessary to study cryptoeconomics and cryptobusiness, well, the answer is that the WEB3.0 economy will make significant adjustments to how consumers of almost all goods and services will consume in the very near future and, in particular, how support services, logistics and infrastructure will work . Let me talk a little about non-fungible tokens or the name of their English abbreviation “NFT”.

Traditionally, to own a work of art or have exclusive ownership of an item, we would have to buy it in the real world, meaning we could only own Picasso if we could pay for one of his works. This traditional way of investing in art will change with the metaverse, the virtual universe in which we live and increasingly buy and interact. It’s not about fantasy or “I smoked a…

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