NFT stands for NonFungible Token. Think of it as a digital record which has been minted (created) on a blockchain. Meaning, the file represents “something” that has been recorded on a blockchain. It is very unlikely the NFT itself is stored on a blockchain, rather the transaction details and a reference to the actual NFT location are stored on the blockchain.

Originally, I authored this article for the Veracode Community Website.

The EOSIO blockchain is utilized by several decentralized projects. Understanding the permissioning capabilities of the platform will help to gain an understanding of not only the EOSIO platform, but also how permissioned blockchains differ from fully permissionless blockchains.