Web3 and gaming:  what impact do NFTs have on the video game industry?

Video games have significantly evolved since their beginnings as simple simulations in the 1950s.The first consoles such as the Magnavox Odyssey and the Atari 2600 transformed home entertainment in the 1970s and 1980s. The Nintendo Entertainment System, the Sega Mega Drive and the Sony PlayStation subsequently improved the graphics and storylines. Since the beginning of ...

TU relaunches Latch, the solution to protect the digital identity of individuals and companies 

Madrid, 24th July 2024: TU relaunches Latch, a digital second-factor authentication solution for individuals, businesses and developers, redesigned and updated with new functionalities. This renewal positions TU Latch as a key tool against cyber threats on the network, adding an extra layer of security to applications, accounts and online services.  One of the key features ...

Metaverse economics: How does it work?

The Metaverse is the evolution of immersive experiences and interactions currently taking place on the Internet. This is done thanks to new technologies such as virtual reality (VR), artificial intelligence (AI) and others.  But also, in this new digital era, a different economic system has been created, quite unlike the one we know in the ...

Telefónica NFT Marketplace: what is it, what is it for and what kind of collections does it offer?

You may have ever wondered what an NFT is. A NFT or Non Fungible Token (Non Fungible Token) is a unique and indivisible digital asset that cannot be modified or exchanged, even for another token of the same value. Therefore, no two NFTs are the same. For example, in the art world, pieces are unique. ...

TU Latch: a security latch to protect digital services and identities

In an increasingly digitized world, where every year we make more transactions online and our online presence is growing, it is crucial that we have tools capable of reinforcing our digital protection to avoid fraud or deception on the Internet. In this context, technology can help us to respond to this and other problems related ...

What is a wallet and how does the Telefónica NFT Marketplace wallet work?

A wallet to buy NFTs (Non Fungible Tokens) is an essential tool in the world of cryptocurrencies and digital assets. Basically, a wallet is an application or software that allows users to store, receive and send cryptocurrencies, as well as interact with decentralized applications (dApps) and NFT markets. When configured, the user obtains a public ...

What is the digital carbon footprint of NFTs?

NFTs (Non-Fungible Tokens) have emerged as a revolutionary technological innovation in the world of digital art, literature, gaming and entertainment. However, their growing popularity raises challenges about their environmental impact, due to the energy consumption that occurs during production, exchange and storage on the blockchain. Offsetting the carbon footprint associated with NFTs is an important ...

NFTs: what are, how they work and where you can buy them

The virtual world never ceases to amaze us. In recent years we have witnessed how it is changing the way goods are acquired, sold and owned. From works of art, songs, photographs, objects from a video game, and so on, to a wide variety of digital collectibles. Even a tweet. In this article we are ...