Japanese anime-themed NFT project Azuki has introduced Physical Backed Tokens (PBT). It is a new token standard that ties a physical item to a digital token on Ethereum. The exciting technology boasts potential applications, such as decentralized authentication of goods, on-chain ownership tracking, and the use of physical products to build digital experiences. According to Chiru Labs, PBT will redefine how brands tell their stories while allowing NFTs to blend the digital world with the physical realm. Meet Physical Backed […]
