Cryptocurrencies
Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank and can be transferred directly between individuals without the need for intermediaries. On the other hand, Non-Fungible Tokens (NFTs) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. They are assigned unique identification codes and metadata that distinguish them from other tokens. NFTs can represent digital or real-world items like artwork and real estate. Tokenizing these real-world tangible assets makes buying, selling, and trading them more efficient while reducing the probability of fraud.
