{"id":575,"date":"2021-09-07T04:06:14","date_gmt":"2021-09-07T02:06:14","guid":{"rendered":"https:\/\/sculptmania.wpengine.com\/?p=575"},"modified":"2021-09-07T12:26:02","modified_gmt":"2021-09-07T10:26:02","slug":"nfts-offer-means-for-governments-to-find-solutions","status":"publish","type":"post","link":"https:\/\/sculptmania.com\/news\/nfts-offer-means-for-governments-to-find-solutions\/","title":{"rendered":"NFTs Offer Means for Governments to Find Solutions"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"792\" height=\"500\" src=\"https:\/\/sculptmania.com\/wp-content\/uploads\/2021\/09\/Untitled.jpg\" alt=\"NFTs Offer Means for Governments to Find Solutions\" class=\"wp-image-576\" srcset=\"https:\/\/sculptmania.com\/wp-content\/uploads\/2021\/09\/Untitled.jpg 792w, https:\/\/sculptmania.com\/wp-content\/uploads\/2021\/09\/Untitled-300x189.jpg 300w, https:\/\/sculptmania.com\/wp-content\/uploads\/2021\/09\/Untitled-768x485.jpg 768w\" sizes=\"(max-width: 792px) 100vw, 792px\" \/><figcaption><em>Photo: Reutors<\/em><\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Based on <a href=\"https:\/\/www.livemint.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>livemint.com<\/em><\/a>, the global NFT market clocked over $2.5 billion sales volume in the first half of this year<\/p>\n\n\n\n<p>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\u2019s 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.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.livemint.com\/money\/personal-finance\/nfts-offer-means-for-governments-to-find-solutions-11630958266957.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u00abRead more on livemint.com..\u00bb<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s 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. \u00abRead more on livemint.com..\u00bb<\/p>\n","protected":false},"author":1,"featured_media":576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"blocksy_meta":"","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NFTs Offer Means for Governments to Find Solutions - Sculptmania<\/title>\n<meta name=\"description\" content=\"NFTs Offer Means for Governments to Find Solutions: Based on livemint.com, the global NFT market clocked over $2.5 billion sales volume in the first half of this year\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sculptmania.com\/news\/nfts-offer-means-for-governments-to-find-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NFTs Offer Means for Governments to Find Solutions - 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