Smart contacts are exactly for that. They can automate various processes, including payments, data recording, asset transfers, all as long as the pre-defined conditions are met. There will still be things third parties need to do but not everything. Especially proof of ownership or fractional ownership with complex conditions. Very expensive ot just not possible using third parties.
NfTs were supposed to very boring, like selling a house with a smart contract eliminating much of what a title company and other middlemen do reducing fees and paperwork(already been happening for the last 3 years). Or gaining control of your own health records instead of a third party for-profit company. This could allow you to be the only person who gives insurance companies or health providers or courts permission to view your records and no one is making money off the transaction as they normally do right now in some companies database.
You are saying there is no use for non fungible tokens but there is and you will eventually see it in the real world(not collectibles) it just takes a while for new tech to be adopted by old industries afraid of change for the better(mainly more secure)
If you could replace certain expensive and time cosuming bureaucracy that would save time and money and fight corruption and identity theft I think that would be well worth it.
NFT was SUPPOSED to just be a cheap and safe non-editable contact type thing that you can make with someone so that there can be no dispute as it's fixed and unique. Then it turned into monkeys and that's all it's known for now.
Interesting as the Dems plan was to weaken Russia even further while strengthening NATO bonds and ensuring no need for more nukes in the world. Trump's isolationist plan strengthens Russia and weakens NATO and our allies leading to other countries having no choice but to aquire nuclear weapons themselves for protection therefore furthering the proliferation of nukes and endangering the world.
Companies censor ideas all the time. McDonald's employees don't tell their customers how ugly they are... it's against company policy. Youtube is a company that can implement whatever company policies they like and if you don't like it you can go somewhere else.
I've always heard this but when I go to chop at a guy I swear it's ALWAYS the blunt side of the sword first. I flip it around and try again only to have to flip it around a third time to finally get the sharp side.
What if you just don't use copilot? I have 11 and I just simply haven't touched that button in the two years I've had it. So it seems you can like it and use it or not like it and not use it.
nexguy @ nexguy @lemmy.world Posts 76Comments 579Joined 2 yr. ago
Smart contacts are exactly for that. They can automate various processes, including payments, data recording, asset transfers, all as long as the pre-defined conditions are met. There will still be things third parties need to do but not everything. Especially proof of ownership or fractional ownership with complex conditions. Very expensive ot just not possible using third parties.