technology Archives - Tripontech

Joe FullerJanuary 15, 2022
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5min2470

The non-fungible token is a new type of digital asset that allows users to own an item without physically holding it. It can be through the use of smart contracts on the blockchain.

“Non-fungible token” is a digital asset that anyone can own and isn’t transferable. It is a digital representation of an object or currency. In the case of cryptocurrencies, NFTs are used as a form of payment for services or goods that aren’t transferable between users.

A non-fungible token is a unit of value that only exists in the digital world. It has no physical existence but represents other objects or assets.

A non-fungible token (NFT) is a digital asset with its unique identifier (ID) and cannot be duplicated by anyone else in the world without permission from its owner. An NFT can be thought of as a unique “fingerprint.”

NFT Vs. Cryptocurrency

A non-fungible token is a unique serialized or storable and communicable object stored in blockchain. NFTs and cryptocurrencies are made using the same kinds of programs that create cryptocurrencies like bitcoin or Ethereum, but that is the only similarity between the two!

Cryptocurrency is a medium of exchange that is decentralized in nature. Unlike fiat currencies such as dollars and euros, it doesn’t have any central authority that governments or central banks issue. It makes it very difficult to track transactions.

Cryptocurrencies are also not regulated by any legal body. It makes them more vulnerable to theft and fraud than fiat currencies.

Fiat money and cryptocurrencies are “fungible,” which means they can be exchanged for one another. The fungibility of crypto makes it a trusted way of a blockchain transaction.

NFTs are not easily accessible by the public. They are only available for people who have permission from their creator or owner of the NFTs. For example, if someone created a digital game to generate income, then they may be able to sell their game for NFTs.

NFTs, on the other hand, are non-fungible assets. The non-fungibility of these tokens makes them different from Cryptocurrency. NFTs have a non-fungible digital signature that hinders their ability to be exchanged for or equal to one another.

NFT’s technology is still in development, innovative and fresh. As a result, you can expect NFT to mature over the next few years.

How Does an NFT Work?

The NFTs work on blockchain technology means it doesn’t have any physical form, but instead, it has its code which is transferred among users through smart contracts.

Blockchain technology is a form of digital ledger that allows anyone to create, store, and transfer value records in an immutable, distributed manner. The blockchain is decentralized, which means that no single entity controls it. Anyone company or government does not control it. You can use it for money transfers, asset exchanges, record-keeping, and much more.

Although NFTs are mainly on the Ethereum blockchain, supported by other blockchains. An NFT is minted or built from digital objects that act for tangible and intangible items, like Art, Collectibles, Music, GIFs, Virtual avatars, Videos, etc.

Essentially, NFTs are like physical collectibles, but digitally. Instead of an actual painting, the buyer gets a digital file instead. When it comes to ownership rights, NFT can have one owner at a time.


Joe FullerDecember 16, 2021
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5min2290

With the dawn of the 21st century, humanity has gone through several changes in our work methods. The first was industrialization and machine automation. Next came the digital revolution, where we became more and more dependent on computers, software, and the internet. Finally, artificial intelligence (AI) is a technology that allows us to automate many jobs that humans previously did.

As the world changes with each new generation, so does our society as a whole. The industries that seem to be growing at an incredible pace are those that border or overlap with technology or professional services sectors like education, health care, journalism, etc. Today these industries are trying to figure out what they are actually good at and what they should do next. AI provides an opportunity for companies to automate not only specific tasks but also build new ways of working with their

Introduction: To what extent AI is “real”?

This is a very common question people ask. In this post, I will try to answer it. I believe that AI represents the next evolution in the computer industry, and much of its benefits are directly applicable to people’s everyday lives. Blog readers have certainly heard about artificial intelligence before. Some even use the term “AI” as a verb, meaning they create their artificial intelligence to do data analysis and deal with their own tasks requiring such automation. This has brought in many questions on how science and technology developments impact our lives? Is it really possible for AI to replace humans completely? Will we survive without them, or will we eventually lose our jobs?

The answer to the above questions is No. There are still many ways in which we can interact with AI. We may be able to use it for specific tasks, but it will never replace humans.

What do researchers say about AI and its future?

A recent study by McKinsey Global Institute (MGI), entitled “What Is Artificial Intelligence?” defines AI as a “prosumer category,” that is, one that uses artificial intelligence (AI) to do tasks with greater efficiency and accuracy than humans.

The MGI report also states that AI will have significant economic benefits to the world at large due to new developments in the area.

It predicts that AI can power a variety of industries over the next decade. The report states that various sectors will benefit from their use, including IT security and finance but also transportation, health care, and agriculture.

The report also says that AI-based technologies are likely to expand into other sectors, including consumer goods such as food or personal care products. As more people begin using these technologies, they will become more widely used and accepted across all types of industries in the future.

Final Words:

Artificial Intelligence (AI) is a computer-based technology that simulates human intelligence in a way that is capable of general intelligence. Artificial intelligence is often used to refer to the broader field of computer science and, more recently, to refer to specific types of machines modeled on the human brain. As a result, artificial intelligence and machine learning have become an increasingly important subfield within computer science and computer engineering.