Photoshop To Add A 'Prepare As NFT' Option Soon
Adobe is about to introduce a new feature in Photoshop that will help prove that a person selling an NFT is its actual owner by the end of this year. It is designed to prevent the minting of art by those who did not create it. This is called 'Credit Credentials'. It will allow the NFT vendors to connect their Adobe ID with their crypto wallets. This allows compatible NFT markets to display a type of validated certificate that verifies that the art belongs to the original owner.
In a Decoder's interview with Adobe's Chief Product Officer, Scott Belsky, this feature will be introduced into Photoshop with a 'prepare as NFT' option by the end of this month.
In addition to this, the Content Credentials' attribution data will be stored on an IPFS server. IPFS stands for an InterPlanetary File System. It is a protocol and peer-to-peer network for storing and sharing data in a distributed file system.
Adobe says that this feature will be compatible with popular NFT marketplaces including OpenSea, Rarible, KnownOrigin, and SuperRare. A verified certificate will also be given that comes with minting NFTs with Photoshop's Content Credentials. It will prove the authenticity of the art source.
The Content Credentials was created two back and is a part of Adobe's Content Authenticity Initiative. It has evolved to help people authenticate artist's work.
Although Besky is a huge fan of NFTs, he predicts that there might be some inevitable changes in the future because there are so many people minting art that does not belong to them.
Banksy, who has been mentioned in the Decoder, has been caught up by NFT scammers. One NFT collector named Pranksy paid around $300K for an NFT that turned out to be fake. He did get his money back but if Banksy had signed his NFT digitally, there would not have been such fuss.
Adobe's Content Credentials will not just benefit NFTs but will also allow its users to show what edits were made to a file in Adobe's system as well as tag their stock images on Adobe's system.
Jasia Junaid is a professional and experienced content writer working with NFT News. She is also working at other International companies. Jasia has remained a former article writer at Saakin real estate, foodytechy and scholarly net. With a great command over several niches, Jasia took a dive into the world of NFTs and proudly takes part in bringing up the latest authentic news on cryptocurrency, metaverse, and blockchain alot more at NFT News. In her spare time, she tries to read and organize more information related to on-going crypto trends around the world, do light blogging and surf the internet around.
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