In this FinTech Study Podcast episode, we explore NFTs (Non-Fungible Tokens) and examine how they are redefining digital ownership, authenticity, and value in the modern financial system. This lesson is designed for finance and business degree students, MBA learners, and professionals studying FinTech, blockchain, digital assets, and emerging financial technologies.
The episode begins by explaining what NFTs are and how they differ from cryptocurrencies, focusing on non-fungibility, blockchain verification, and smart contract functionality. We analyse the development of NFTs in the United States, where they first gained mainstream attention through digital art, gaming, and collectibles, followed by the United Kingdom’s more measured adoption through cultural institutions, brands, and regulated financial environments.
The lesson places NFTs in a global context, examining how different regions approach digital ownership, intellectual property, and tokenised assets. We explore practical applications beyond speculation, including gaming assets, digital identity, licensing, access rights, and the tokenisation of real-world value, while critically evaluating risks such as price volatility, legal ambiguity, intellectual property disputes, and environmental concerns.
This episode provides a balanced and academically grounded understanding of NFTs, highlighting both their innovative potential and their limitations. It is particularly relevant for learners seeking to understand digital assets, Web3 ownership models, blockchain-based property rights, and the future of tokenised economies.
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