Based on livemint.com, the global NFT market clocked over $2.5 billion sales volume in the first half of this year
Government agencies should move beyond looking at blockchain technology as a buzzword prone to overuse, or simply as a data storage mechanism. Cryptocurrencies based on blockchain technology may be a threat to the sovereign government’s control on money supply and monetary policy, but there are several advantages with the technology that can be harnessed creatively by the State to solve a few of its problems.