NFTs-based Mortgages Reshape Lending

Published by
The Street

By Esme Learning Can NFTs change the way lenders and borrowers originate, transfer, and track mortgage transactions? Most readers will have heard about or even dabbled with AI-generated NFTs. You create these AI artworks in two steps—first, a computer derives a raft of illustrations by mashing up images found via search terms, and then, an AI classifier finds the best matches for your criteria. Once you select a piece you like, an NFT is then “minted” to create an immutable record of its existence, including all appropriate metadata, and “tokenised” so it can be bought, sold or traded in a mar…

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