NFTs are useful for a wide range of everyday payment/transaction purposes — but first, there needs to be more decentralization.
Pavel Bains
Pavel Bains is the CEO of Bluzelle — the decentralized database for the new internet. Pavel is an expert in digital media, having worked with Disney, Microsoft, Warners Bros and DreamWorks. Pavel is also a frequent contributor to Forbes, Huffington Post and Fast Company, writing articles in the areas of finance and digital media. He has been named Technology Pioneer by the World Economic Forum.
The rise of NFTs must be accompanied by further decentralization It Is Time for Databases to Get Fully Decentralized To become truly decentralized, blockchain projects should remove dependency on the centralized cloud providers used as their data storage.