The ID behind NFTs
Future. NFTs could be used to streamline and optimize record-keeping, document transference, and fundraising in a variety of industries that people engage with every day. While onboarding people to use NFTs could be a big task, we may all soon be carrying QR codes in our pockets (that represent code on the blockchain) in order to go to the doctor’s office or apply for a job.
Scan your NFT hereIn the future, NFTs could be used for way more than just arts and entertainment, including:
Education. NFTs could be used to store a person’s educational profile or even a diploma with a verified breakdown of the student’s history and grades within that program. That beats the current method of having to request diplomas from university registrars and mail endless copies of transcripts.
Medicine. NFTs could be used to create a universal file for patient data, which has historically been, what professionals call, a total mess. Forced redundant treatments, chaotic patient-data management, and a lack of interoperability across providers could be a thing of the past.
Charity and fundraising. NFTs could create a new paradigm in raising money for nonprofits or charities. The offerings could commemorate a historical event and then be used to reach a younger, online donor base. It may even build a new community around those organizations.
For example, the campaign NFT4GOOD sold digital trading cards of 88 Asian-American personalities to raise money for #StopAsianHate.
Of course, there are still several issues with NFTs (carbon footprint, public-facing code, blockchain choice) that could make adoption difficult. But taking the time to figure out those kinks could be worth the upside.
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