Now Reading
The difference between cryptocurrencies and NFTs

The difference between cryptocurrencies and NFTs

View Gallery

This Wednesday, June 23, the Chinese group Ant was keen to make the distinction between NFTs (non-fungible token) and the various cryptocurrencies, which have been under threat for some time in Beijing.

 

The Chinese group Ant, a former subsidiary of Alibaba Group in charge of the Alipay service, has sought to better inform its customers about the difference between NFTs (literally non-fungible tokens; these certificates of ownership of digital objects that have been animating the web for several months) and the various cryptocurrencies.

 

The fintech group Ant is headed by Jack Ma, the most influential businessman in the Middle Kingdom. Recently, it has also been marketing images covered by NFTs via Alipay, and these sales met with great success on Wednesday, although some customers have been suspicious of this novelty and confuse it – wrongly – with the cryptocurrencies that Beijing is trying to eradicate in the country.

See Also


 

[…]

This article is reserved for subscribers.

Subscribe now !

Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…

Already have an account ? Please log in.

Featured photo : © Press

What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

COPYRIGHT 2021 LUXUS + ALL RIGHTS RESERVED

Scroll To Top