Cornell University debuts 'Liquefaction' work use case, allowing users to borrow tokens without ownership

Odaily News Researchers at Cornell Tech have debuted a use case for a cutting-edge concept that challenges a core assumption of blockchain security: that only private key holders can control digital assets. The app, called Take My Ape, uses a process called Liquefaction to allow users to temporarily access blockchain assets, such as Bored Ape NFTs, without actually owning them. The project was released on June 11, the 10th anniversary of the Initiative for Cryptocurrencies and Contracts (IC3).