Why is the UK authorities moving into NFTs and is it a good suggestion?

The UK has introduced plans to create its personal non-fungible tokens in a bid to exhibit its enthusiasm for cryptocurrencies

Royal Mint NFT

The Royal Mint will produce NFTs for the UK authorities

Her Majesty's Treasury

The UK authorities goes to launch a spread of NFTs, the controversial digital possession tokens which have been embraced by artists and technology-savvy traders however criticised by environmental campaigners for rapacious power consumption.

What's an NFT?

An NFT is a cryptographic declare of possession, much like the deed to a home, that's encoded right into a blockchain, which means that it can't be altered. Usually it’s used to indicate possession of one thing bodily or purely digital, which exists elsewhere. …