Soul Bound Tokens- the new technological advancement that will be the future!

[osamudazai 0]

The popularity of Non-Fungible Tokens has made people bring in a lot of advancements in the existing model to suit the needs of governments and industries globally. While NFT trading platforms play a major role in bringing the concept of trading digital collectibles, SBTs burgeoned without a trading capability. Soul Bound Tokens or SBTs are also digital assets that cannot be bought or sold. It is bound to one identity forever. This can be used for various official documentation processes making them difficult to forge and steal. With updated characteristics, these tokens will take over very soon.