Prelims • Paper 1 (GS) • 2022 • Q.69
Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights.
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.
Syllabus Connection
Awareness in the fields of IT, Space, Computers, robotics, nano-technology, bio-technology and issues relating to intellectual property rights. (GS-III)