NFTs Aren’t Fool Proof, Yet!

Non-Fungible Tokens (NFTs) today suffer from a number of shortcomings, and among these is the increasing prevalence of fraud. That’s right. Some aspects of an NFT are recorded on a blockchain, but those aspects can be modified and recorded on different platforms, especially as ownership changes hands, while the characteristics and “payload” of an NFT can exist in different forms and in different locations. Or, in a simple case, the content part of an NFT can be copied and recorded again as an NFT. In short, there is a great diversity of types of data associated with NFTs, and many ways they can be created. This ultimately leaves many NFTs vulnerable as it can be hard to distinguish the original from a fake.

Verasity continuously strives to deliver on the promises of immutability and authenticity of blockchain with its innovative technology like Proof of View. We are excited to be expanding this to include the popular and continuously growing NFTs.
read more https://medium.com/verasity/nfts-arent-fool-proof-yet-5b6944f92751