Amazon plans to launch NFT contracts for real-world assets

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Amazon plans to issue NFT contracts for real-world assets, such as real estate, property, artwork and sports. These contracts will allow users to acquire the unique ownership rights of those assets and trade them securely and transparently via blockchain technology.

The move is part of Amazon’s expansion into financial technologies and cryptocurrencies, and is expected to encourage the adoption of many major blockchain and cryptocurrency companies in the future.

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