The term “digital ownership” has only recently come to mean anything. Although non-fungible tokens, or NFTs have existed for some time, mainstream media only started paying attention to them in the past year. Over $10 billion was traded across all blockchains in the third quarter of 2021. That’s a huge increase over Q2’s $1.2 million.

Unique digital assets called NFTs represent ownership. NFTs can prove ownership by extending beyond art and digital collectibles and onto real estate and other tangible assets. It is creating a seismic shift across a range of industries. This improves the efficiency of ownership transfers and opens up new possibilities for digital assets.