MLchartDataset catalogue

NFT

Term · Computing and IT · MLC-T-CMP-000812

A Non-Fungible Token, a unique digital identifier recorded on a blockchain that verifies ownership of a specific digital or physical asset. Unlike cryptocurrencies, each NFT is distinct and cannot be replaced by another identical item. NFTs are commonly used for digital art, collectibles, and in-game items, with ownership recorded on distributed ledgers like Ethereum.

Table 1. Record
IdentifierMLC-T-CMP-000812
FieldComputing and IT
SubjectTechnical
Record as JSON 
{
  "id": "MLC-T-CMP-000812",
  "term": "NFT",
  "field": "Computing and IT",
  "definition": "A Non-Fungible Token, a unique digital identifier recorded on a blockchain that verifies ownership of a specific digital or physical asset. Unlike cryptocurrencies, each NFT is distinct and cannot be replaced by another identical item. NFTs are commonly used for digital art, collectibles, and in-game items, with ownership recorded on distributed ledgers like Ethereum.",
  "subject": "Technical",
  "url": "https://mlchart.com/terminology/computing/nft/"
}

Record 897 of 1,553 in Computing and IT terminology (MLC-0101). Request the full dataset.