What exactly is an NFT? DePaul professor Lamont Black explains

Matt Bubala

The Bitcoin logo appears on the display screen of a crypto currency ATM at the Smoker’s Choice store, Tuesday, Feb. 9, 2021, in Salem, N.H. After a wild week in which Bitcoin soared to new heights, Bitcoin is crossing the $50,000 mark. Bitcoin rallied last week as more companies signaled the volatile digital currency could eventually gain widespread acceptance as a means of payment for goods and services. (AP Photo/Charles Krupa)

In a world full of cryptocurrencies, blockchains and more, Non-fungible tokens are the latest digital technology that has people scratching their heads. Lamont Black, Associate Professor int DePaul University’s Department of Finance & Real Estate, joins Matt Bubala to explain this new technology and how it’s changing the way we purchase high value items.

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