Free Word Search

Search by Topic

  • Keyword

HOME Knowledge Insight Publications Capital Markets & IT - lakyara Capital Markets & IT -lakyara List Capital Markets & IT - lakyara October 2022 Misconceptions surrounding NFTs

Oct. 24, 2022

  • Facebook
  • Twitter
  • LinkedIn

NFTs ensure transactions’ authenticity and uniqueness. They have the potential to dramatically expand circulation of digital assets. However, they currently do not necessarily ensure the uniqueness or authenticity of their underlying digital assets because only a portion of their data is recorded on a blockchain. Additionally, legal rights in Japan are fuzzy with respect to transferring IP and title to NFTs. Widespread adoption of NFTs will likely require standardized licensing terms and expansion of NFT standards.

About the Author

  • Ryoji Kashiwagi

    Expert Researcher

    Financial Market & Digital Business Research Department

  • Facebook
  • Twitter
  • LinkedIn