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UPSC 2022 • Q69Science & Technology, Materials & Clean EnergyMedium
Artificial Intelligence, GenAI, Deepfakes, Web3 & Cybersecurity
With reference to Non-Fungible Tokens (NFTs), consider the following statements: 1. They enable the digital representation of physical assets. 2. They are unique cryptographic tokens that exist on a blockchain. 3. They can be traded or exchanged at equivalency and therefore can be used as a medium of commercial transactions. Which of the statements given above are correct?
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