Payment methods are shifting from cash to digital, with some businesses now accepting cryptocurrency through crypto-enabled cards. Smart contracts, which are code running on computers, power NFTs and can represent legal documents like mortgages and car titles.
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Things seem to be changing really fast now. Maybe it's because I live between Miami and West Palm, but where I work, they don't take cash anymore. Digital payments only, you know, credit cards. There's a QR code on the table you can use for Apple pay or any kind of payment from your phone, but no cash. Some businesses actually take cryptocurrency now, and there's like a credit card, debit card that's cryptocurrency. I learned that there's smart contracts, which is actually the instructions, the code or program that's on the computer. And those contracts actually make up those non fungible tokens, the NFTs. The instructions are the program that make them behind the scenes. And those smart contracts can be any kind of document that you want. I mean, mortgage, a title to your car, a trust fund. I know I'll share what I know.