South Korea-based Sungkyunkwan University on Monday stated it would current the nation’s first university awards within the format of the non-fungible token (NFT) in a graduation ceremony this week.
Moon Kyung-won, a pharmacy main, can be considered one of a number of college students to be given the NFT-based certificates of the college’s awards within the commencement ceremony set for Wednesday, the college stated.
These awards characterize the first-ever official college certificates offered within the crypto asset format, studies Yonhap information company.
An NFT is a non-interchangeable unit of knowledge saved on a blockchain, which may be owned and traded as digital objects, comparable to movies or clothes for avatars.
The college stated the NFT certificates is resistant to loss or duplication and can be efficient as an official doc.
Just lately, T-Sequence, Asia’s largest music label, introduced its foray into Non-Fungible Tokens (NFTs) in affiliation with Hefty Leisure, a division of Hungama, one of many largest digital media leisure firms in South Asia.
This industry-first foray for the worldwide digital leisure {industry} will witness the 2 leaders increase the bar of leisure creation and consumption through Hefty Leisure — A Internet 3.0 initiative by Hungama.
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