Even though the idea of SBTs has been established to some extent and the progress in creating Soulbound tokens is still at an early stage, there are potential areas where they can be applied. Let’s delve into how they can be practically used in everyday situations.
1) Education History
2) Job application
3) Health Records
4) NFT Trading
5) Governance
Apart from what has been mentioned above, there are additional purposes included. To gain a better understanding, it is advisable to seek assistance from a reliable company specializing in Soulbound Token development company, like Developcoins.