Content-type: text/html Downes.ca ~ Stephen's Web ~ NFT in Edu: What Does the Future Hold?

Stephen Downes

Knowledge, Learning, Community

OK, here's the slightly simplified explanation of what a Non-Fungible Token (NFT) is. Take any digital content, and run it through an encryption function known as a hashing algorithm. This produces a unique identifier for that content. Next, create a unique identifier for a person (typically the address of their digital wallet). Write a statement saying the first belongs to the second. Embed this statement into a blockchain so that it cannot be altered. You have created an NFT. To the extent that this is useful in education, you can now define the future of NFT in Edu (your results may vary, but this article takes you through some of the possibilities).

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Jun 24, 2024 02:32 a.m.

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