This whole NFT is an example of a good idea used so stupidly it will ruin the good stuff as it comes.
NFTs could be very useful when it comes to things like title searches. Using an NFT/Blockchain to record deeds and titles means that you can verify a real, immutable, and accurate title ownership in seconds. For nothing.
NFTs can be used for any kind of tracking like that. But, these idiots turned them into Trump cards and other crap.
Clearly, the people working on these systems will likely change the terminology and continue to develop them.
Blockchain technology is significant. And as soon as the charlatans get out of the way…the better for those systems that can benefit from a boost in efficiency.
Blockchain could be of immense value for boring things like the provenance of data flows cross an organization. If finance wants to understand how a division’s P&L was complied, they just as for the key.
Imagine trying to build a statistical model nowadays, with corrupt data and massaged data and outright intentionally-biased data. Data modeler X produces a crap model showing that Bidenomics is good for the poor.
All a skeptical referee needs to do, is ask modeler X for the data provenance and the distributed ledger of the dataset. That’s a bingo!