Non-fungible tokens (NFTs) have applications beyond crypto art and blockchain games. They can also be used in business-to-business transactions such as licensing, supply chain management, and invoicing.
Marissa Trew, marketing manager of TZ APAC, a Singapore-based blockchain consultancy firm speaks with BusinessWorld reporter Michelle Anne P. Soliman about the potential for NFTs as a tool for conducting business, an investment instrument, or a revenue stream.
"NFTs have utility far beyond being a digital asset. There's a large enterprise use case that's being developed," said Ms. Trew. "There's a lot of actual B2B use cases that NFTs are able to provide well beyond the creator economy in the digital space, in terms of music, art, and collectibles."
