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Transcripts for BBCNEWS Click 20211201 01:32:00

a bitcoin, a house or even a video clip. that proof is a unique token that is non changeable, non fungible it is a non fungible token, or nft. personally, i have always been sceptical of whether nfts are a sensible idea but there are plenty of people who ve bought into them, literally. ownership rights for some digital artworks have gone for millions of dollars and collins dictionary has just made nft its word of the year. and just last week, a new development a group of people got together and tried to crowdfund enough money to buy a printed copy of the us constitution at auction. they were outbid, despite claiming to raise $40 million. but had they been successful, each of the thousands of contributors would have had the right to vote on what happened to the historic document next. so they could vote to put it on public display. 0h! they could vote to sell it on, or anything in between. yes, and whatever they voted

Transcripts for BBCNEWS Click 20211128 04:32:00

a huge digital artwork and this slamming basketball block all have in common? ah, our most loyal viewers might know! yes, they will. they ve all turned up in our attempts to explain the blockchain the buzzword of the decade, the things that every business needs. does it really? no, but go with me. and the thing that is currently burning through more electricity than the country of argentina as people use blockchain technology to try and get rich on crypto currency. so the blockchain is a way of storing ownership records. it can prove that you own a bitcoin, a house or even a video clip. that proof is a unique token that is non changeable, non fungible it is a non fungible token, or nft. personally, i have always been sceptical of whether nfts are a sensible idea but there are plenty of people who ve bought into them, literally. ownership rights for some digital artworks have gone for millions of dollars and collins dictionary has just made nft its word of the year. and just last we

Transcripts for BBCNEWS Click - Short Edition 20211128 19:33:00

to try and get rich on cryptocurrency. so, the blockchain is a way of storing ownership records. it can prove that you own a bitcoin, a house or even a video clip. that proof is a unique token that is non changeable, non fungible it s a non fungible token, or nft. personally, i ve always been sceptical of whether nfts are a sensible idea, but there are plenty of people who ve bought into them, literally. ownership rights for some digital artworks have gone for millions of dollars, and collins dictionary has just made nft its word of the year. and just last week, a new development a group of people got together and tried to crowdfund enough money to buy a printed copy of the us constitution at auction. they were outbid despite claiming to raise $40 million. but had they been successful, each of the thousands of contributors would ve had the right to vote on what happened to the historic document next. so they could vote to put it on public display. oooh! they could vote to sell it o

Transcripts for BBCNEWS The Papers 20211128 22:49:00

this building in iceland, a huge digital artwork and this slamming basketball block all have in common? ah, our most loyal viewers might know! yes, they will. they ve all turned up in our attempts to explain the blockchain the buzzword of the decade, the thing that every business needs. does it really? no, but go with me. and the thing that s currently burning through more electricity than the country of argentina as people use blockchain technology to try and get rich on cryptocurrency. so, the blockchain is a way of storing ownership records. it can prove that you own a bitcoin, a house or even a video clip. that proof is a unique token that is non changeable, non fungible it s a non fungible token, or nft. personally, i ve always been sceptical of whether nfts are a sensible idea, but there are plenty of people who ve bought into them, literally. ownership rights for some digital artworks have gone

Transcripts for BBCNEWS Click 20211127 15:36:00

it can prove that you own a bitcoin, a house or even a video clip. that proof is a unique token that is non changeable, non fungible it is a non fungible token, or nft. personally, i have always been sceptical of whether nfts are a sensible idea but there are plenty of people who ve bought into them, literally. ownership rights for some digital artworks have gone for millions of dollars and collins dictionary has just made nft its word of the year. and just last week, a new development a group of people got together and tried to crowdfund enough money to buy a printed copy of the us constitution at auction. they were outbid, despite claiming to raise $40 million. but had they been successful, each of the thousands of contributors would have had the right to vote on what happened to the historic document next. so they could vote to put it on public display. 0h! they could vote to sell it on,

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