Blockchain
Blockchain is a decentralised digital ledger, or
database, that stores information — or even value —
in a manner that is not easily altered by any single
party. It facilitates the secure, transparent and
tamper-proof flow of data.
Blockchain enables the digitisation of real-world
assets, a process known as tokenisation, allowing
for the free transfer of these digital tokens across
decentralised networks. This gives investors a
greater variety of investment opportunities and
opens new channels for promoters to raise capital.
While its most notable application, cryptocurrency,
has elicited mixed reactions from investors
and regulators alike, the potential of blockchain
technology extends well beyond this use case.
NFTs
NFTs are redefining the world of collectibles –
particularly digital art. Leveraging blockchain
technology, NFTs instill blockchain’s characteristics
to digital artwork, making them unique assets that
can be owned and traded like traditional art pieces.
The ownership of these NFTs cannot be altered
unless transferred transparently, usually in exchange
for monetary value.
1 in 3
Ultra-HNIs that spend on art and
collectibles, own NFTs
Graphic designer Beeple’s digital artwork,
‘Everydays: the First 5000 Days’, sold for just
over $69 Million at Christie’s, making it the
most expensive NFT ever sold
