A project on the technical framework for non-fungible tokens (NFTs) led by Tencent Holdings, with the involvement of Ant Group and others, has been approved by a United Nations specialised agency, which the company says makes it the world’s first UN-approved standards project on the digital tokens.
The project, called “technical framework for distributed ledger technology (DLT)-based digital collection services”, has been approved by the International Telecommunication Union, the UN agency for information and communication technologies.