Supply Chain Process Automation

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israt9623525
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Joined: Sat Dec 21, 2024 3:14 am

Supply Chain Process Automation

Post by israt9623525 »

Fungible token: they can be replaced with something identical and are linked to cryptocurrencies and digital money. The fungible asset par excellence is money, since a banknote saudi number finder of a given currency and quantity, if authentic and intact, is always replaceable by another banknote of the same currency and quantity
Non-fungible token (NFT): They have an identification code that makes the ownership unique. Used for:
Digital Identity Management
Collectibles
Traceability projects (digital twin)
Electronic voting
Digital Citizenship
Not only in the crypto, artistic and digital fields, the evolution of blockchain is also expanding at the state level, with the aim of optimizing the management of documents and practices.

Developing digital identity systems through blockchain technology means that digital citizenship becomes shared and decentralized , and identification systems must also be adequate.

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Let's think for example of SPID, able to follow the SSI (self-sovereign identity) paradigm in which the user can decide what data to share about his identity. This allows not only to guarantee data security but also to improve privacy management.
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