Xinhua boosts Chinese blockchain and publishes photos as NFT


Source: fuentitech.com fuentitech.com

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Xinhua News Agency announced on Wednesday that it will publish a digital media photo collection via a non-fungible token (NFT). This is the first time in China that has boosted the blockchain technology that underpins them, and Beijing has previously criticized it. A digitized certificate of ownership, NFTs are gaining popularity around the world this year for everything from autographed tweets to paintings. However, the relationship between China, which supports cryptocurrencies, and the technology behind it is complex. The issue by the state news agency shows official support for the NFT, but last month’s party mouthpiece, the People’s Daily, criticized...