NFTs: the biggest change for the world of art since oil on canvas… or huge scam?
CBC Radio | Posted: March 28, 2021 3:00 PM | Last Updated: March 28, 2021
Plus — the challenges of online shipping for small businesses, and oil and gas workers uncertain future
- The Cost of Living ❤s money — how it makes (or breaks) us.
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Digital assets called non-fungible tokens (or "niftys" as some of the kids are calling them these days) are selling for thousands, hundreds of thousands, and even millions of dollars these days.
They leverage the same type of blockchain technology that cryptocurrencies use. But how do you buy them? What do you get? And are they really a new class of assets - like real estate or stocks?
Host Paul Haavardsrud and producer Falice Chin go through the process to buy their very own NFT — and Yale University professor William N. Goetzmann weighs in on what's happening with this new market.
The world of online shopping has been accelerated by the pandemic. For big players like Amazon or Walmart, it's been a gold rush in some ways.
But for the little guys who also had to move online, it was a lot more complicated. Many adjusted by hitting up third-party logistics companies, or 3PL.
Producer Anis Heydari explains just what 3PL is and how local, smaller businesses are dealing with complicated operations far beyond taking your order to a local post office.
With many parts of Canada's energy sector still reeling, the job market in the oil patch is tough. There are lots of questions about what the future may hold for energy workers who lost their jobs.
Tony Seskus, the senior producer of CBC's Western Business Unit, asks — can those folks ever find work again in oil and gas, and if not — where?
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