The Israeli parliament has made history as the first body to issue a non-fungible token (NFT) to an elected president.
Knesset conducted its 2021 presidential election on Jun. 2, where members elected Isaac Herzog, the son of former Israeli president Chaim Herzog, for the position.
According to local news, Herzog will receive a physical copy of the oath, as well as an NFT representation, once he is sworn in today. An NFT is a token generated on a blockchain such as Ethereum that can record ownership of a unique digital or physical object.
In this case, the NFT is a tokenized replica of the oath previously taken by the new president’s late father, Chaim Herzog, who served as Israel’s sixth president between 1983 and 1993.
