Dynamic metadata refers to information that describes the attributes and context of a blockchain transaction or asset, with the ability to change over time. Unlike static data, which remains fixed once recorded, dynamic metadata can be updated or modified based on various factors such as user interactions or external events.This concept is particularly important for non-fungible tokens (NFTs) or decentralized applications, where the metadata might include details like ownership history, provenance, or changes in usage rights. For example, an artist could update the description or background of an NFT to include new information, further enhancing its value and relevance.Dynamic metadata allows for richer interactions and more meaningful data representation. It supports evolving narratives around digital assets, enhancing user engagement. This adaptability can add layers of functionality and information, making digital assets more versatile and informative than traditional static representations.
Russia Grants Banks Limited Approval to Handle Cryptocurrencies
Russian banks will be allowed to conduct cryptocurrency operations under strict conditions, the Central Bank announced Friday, marking a cautious