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[AudraMiller]

There are many developments that are being made in the cryptocurrency world and while this is a great thing, it leads to the question of whether or not eh other countries that are not as technologically advanced are being left behind. In a recent news article that I read it seems that there is a massive development that is expected to happen in terms of the use of verification procedures via NFTs, and this was shown by a software engineering who is creating a demonstration of what this system will be like on twitter. What are your thoughts on this and how would this affect the NFT market?

 

[07Trinity]

There are many developments that are being made in the cryptocurrency world and while this is a great thing, it leads to the question of whether or not eh other countries that are not as technologically advanced are being left behind. In a recent news article that I read it seems that there is a massive development that is expected to happen in terms of the use of verification procedures via NFTs, and this was shown by a software engineering who is creating a demonstration of what this system will be like on twitter. What are your thoughts on this and how would this affect the NFT market?

I don't see that happening,one of the discouraging factor that limit people from creating a new account is when the registration process is very tedious and tiring.

 

[Niftyicon]

I would expect that whatever procedures are to be involved in the verification processes need to be seamless and definitely user friendly. However, I am interested in knowing how this verification via NFT would be done and I am certain many people would like to know that too.

 

[Styleplus]

Of recent verification process is becoming difficult and exhausting.
I have been trying to verify my binance account and I have really encountered difficulty, if there is way this can be checked and enforced it will go a long way.
As the poster above as said concerning NFT verification, I will like to know how it will be done.

 

[AudraMiller]

I would expect that whatever procedures are to be involved in the verification processes need to be seamless and definitely user friendly. However, I am interested in knowing how this verification via NFT would be done and I am certain many people would like to know that too.

I am also very curious to hear how it will actually be implemented however I think that it is likely going to be something along the lines of actually trying to show that these tokens have a specific value or a specific identity and therefore it will be related to each person that is signed up to the website that is my opinion.

 

[Wisdom01]

more verification on nft might be used , because most especially to detect the fraud and others and when countries start eyeing the regulation of nft , they would make that drastic changes with the look of things ,the verification procedure would really change as time goes on tho

 

[Wisdom01]

It is bothersome but if we are not doing anything bad i think it is okay to do verification it can prevent fraudulent actions more maybe it can help to identify and jail scammers we have that a lot in crypto currency space but most of time they never punished

some times they are actually jailed for their crimes , because there was a çrypto scammer that was arrested recently ,it all depends on the country arresting the culprit and others ,as this would determine the type of punishment that would be given to the person too ,that's how it turned out too I think