Information Technology

Gartner Glossary

Non-Fungible Token (NFT)

A non-fungible token (NFT) is a unique programmable blockchain-based digital item that publicly proves ownership of digital assets, such as digital art or music, or physical assets that are tokenized, such as houses, cars or documents. Most NFTs today are unique ERC 721 tokens that live on Ethereum, but other blockchain platforms support them as well. NFTs store data and logic and typically link to off-chain records for storage purposes.

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