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Verifiable Digital Scarcity

    Verifiable digital scarcity refers to the verification that a good or service is scarce using blockchain technology. With a blockchain, users can track and verify ownership of digital assets to ensure the authenticity of the asset (i.e., confirming it is not a duplicate or copied without the owner’s permission). Verifiable digital scarcity establishes true rarity and value for digital assets. It ensures digital assets can be traded or exchanged like any other valuable commodity.