The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
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To be sure, AI adoption could come with some serious fiscal benefits for governments, including higher growth, stronger corporate and wealth tax receipts, and sharper tax administration. AI-powered digitalization could also plug compliance gaps, potentially adding up to 1.3% of GDP in revenue for countries with weak enforcement, according to Moody’s, citing IMF data.
Calls to protect saltmarshes as vital carbon stores