Non-fungible (or non-interchangeable) tokens are effectively assets that sit on the blockchain, each producing a unique impression in the form of a one-of-a-kind piece of media. We could be talking about paintings, images, films, music, GIFs – in short.

What’s the most time-consuming and exhausting thing? You need to find a blockchain development organization that can help you build a platform that runs smoothly.

Every day, a new application emerges in the market of Decentralized Technologies; some analysts believe that blockchain has the ability to reach 1.4 billion people in the insurance industry alone by 2023.

In 1996, American cryptographer Nick Sabo was one of the first to propose the concept of the smart contract – a system which aims to provide the same functions as code-free contracts while taking advantage of automatic mechanisms, reducing the amount of human intervention.