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ERC-721 Non-Fungible Token Standard on Ethereum vs. VCs on Hyperledger Indy

From: Michael Herman (Trusted Digital Web) <mwherman@parallelspace.net>
Date: Thu, 11 Feb 2021 23:02:10 +0000
To: Credentials Community Group <public-credentials@w3.org>
Message-ID: <MWHPR1301MB20948B1ECFC53C9B39081A6AC38C9@MWHPR1301MB2094.namprd13.prod.outlook.com>
I hope this isn't stretching the favorable use of the CCG mailing list...

When are Hyperledger Indy/Sovrin VCs better than Ethereum smart contracts for NFEs/NFTs (non-fungible entities/tokens)?

It seems obvious but I don't have a detailed/worked out answer.  One project I'm associated with wants to use the ERC-721 Non-Fungible Token Standard on Ethereum but I believe VCs are a better route to take. Part of the desire to stay on Ethereum is there is quite a vibrant NFT community on Ethereum and lots of different EC-721 tokens.


What are the considerations/decision points/knock-offs?

Best regards,
Michael Herman
Sovrin Foundation Self-Sovereignist

Self-Sovereign Blockchain Architect
Trusted Digital Web
Hyperonomy Digital Identity Lab
Parallelspace Corporation


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Received on Thursday, 11 February 2021 23:02:27 UTC

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