Many attempts in the past happened to create an online currency, just to name a few: The term “cryptocurrency” is a combination of cryptography and currency. Let’s explain each term. 1. Definition Currency: A currency is the standardization of money/value in any form, in use or circulation as a medium of exchange, store of value, and unit of …
It’s time for you to know some basics, but don’t worry-you will get it easily. So blockchain technology (or distributed ledger technology) can be explained as a typical database, but better. The data kept in the blockchain cannot be edited or deleted once it gets there. Approaching the topic from a practical side rather than …
NFT marketplaces are online platforms that allow users to buy, sell, and trade non-fungible tokens (NFTs). NFTs are unique digital assets that represent ownership of a specific item or asset, such as a piece of art, a collectible, or even a tweet. They are stored on a blockchain, which is a decentralized and secured digital …
Our main products in Sphera World are NFTs. Therefore, we are taking the time to explain the NFTs, their utilities and its usage on our platform. Sphera World is developing different tangible and non-tangible NFTs for the MENA Region community. Collectibles can include items such as coins, stamps, sports memorabilia, artwork, and more. These collectibles …
