CREATIVE SMART RECORDER UTILITY VERIFICATION
Medical Records and Identity Verification Know when the property was built, who owned it first, what modifications were done, and everything to the point of you purchasing it. Imagine knowing everything about the property you are buying in just a few taps on your phone. NFTs can be used in real estate to simplify and speed up transactions, enable smart contracts for properties (allowing automatic payments) or even create decentralized home rental services – all while protecting sensitive data like credit card details. The real estate industry is one of the most NFT-ready sectors. NFTs could be used to transfer land deeds, provide proof of ownership and even keep track of changes in property value over time using timestamped NFTs. NFTs and real estate are made for each other. In which case, products that erroneously claim they were made and sourced in a specific country will eventually be exposed, since the track record is transparent.
CREATIVE SMART RECORDER UTILITY CODE
Imagine just scanning a QR code of a nutritional supplement you bought online and seeing its entire journey – from manufacturing to shipment. One problem in the world right now is fake food products like supplements and medicine, NFTs can help solve this by tracking and tracing food products. There have already been numerous companies successfully using NFTs for industrial design prototyping purposes. NFT applications don’t stop at consumer products either. NFTs can also be used to store information about the manufacturing process, ensuring that everything is fair trade. Since the blockchain can permanently store information about the product, checking for rarity and authenticity will soon be a thing on physical products too. NFTs can be used to ensure that the product you are purchasing is authentic. Do you want something authentic and original, not just some mass-produced thing in a store window? NFTs are.
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