A project on the technical framework for non-fungible tokens (NFTs) led by Tencent Holdings, with the involvement of Ant Group and others, has been approved by a United Nations specialised agency, which the company says makes it the world's first UN-approved standards project on the digital tokens. The project, called "technical framework for distributed ledger technology (DLT)-based digital collection services", has been approved by the International Telecommunication Union, the UN agency for information and communication technologies. NFTs, more widely known as "digital collectibles" in China, are non-interchangeable units of data stored on a blockchain, which can be sold and traded....