Tool, system and method for performing transactions based on a unique nft token

Abstract

The present disclosure provides a computer-implement method for utilizing a settlement system based on a non-fungible token (NFT), consisting of the original physical banknote and a digital copy of this original physical banknote in the form of an NFT-copy and referred to as an NFT-banknote, so as to perform a settlement electronically using a blockchain or other service. The method includes: obtaining digital images of the original physical banknote; checking, whether the digital images of the original physical banknote meet the predetermined requirements, and verifying the authenticity of the original physical banknote. An NFT-token is issued, which includes digital images of the specified banknote as well as data regarding the currency of the banknote, nominal value of the banknote, the current owner of the settlement system, and the current holder of the original physical banknote, and then the data about the obtained settlement system is entered into the register.

Dependencies are inferred from the claim text.