Release of Non-Fungible Tokens (NFTs) Briefing Paper

We are pleased to announce the release of a briefing paper on the records management implications of Non-Fungible Tokens (NFTs).

In 2019, NARA issued a white paper on Blockchain, describing how the technology works, how it is being used in the federal government, and the potential implications for records management. Blockchain or distributed ledger technology (DLT) is being used for applications such as non-fungible tokens (NFT), cryptocurrency, and smart contracts. This briefing paper focuses on the uses of NFTs and its potential impact on federal records management.

This briefing paper is intended to provide an introduction to NFTs for federal records managers. For a surprisingly good and entertaining explanation, we suggest viewing the Saturday Night Live skit from 2021. 

If you have any questions, please leave a comment below.

Picture of Apollo 11 Commemorative Token

Apollo 11 Commemorative Token:

NAID: 219756158

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