A nonfungible token (NFT) represents an arbitrary piece of information, which can be created and exchanged on a blockchain, a type of public ledger secured by cryptographic algorithms. NFTs offer the possibility of leveraging blockchain technology‐related benefits, including verifiability, transparent execution, high availability and tamper‐resistance, for any tokenizable piece of information such as for example, clinical images in dermatology. In this narrative review, we explore current and potential future applications, as well as limitations of NFTs in health care. While health care applications for blockchains have been explored and implemented, NFTs have not yet been extensively studied in medical literature. Beyond the currently envisaged use in blood product tracking, consent management and an extension to electronic health records, the medical field and especially dermatology could benefit in other domains from this technology, including for clinical image safety, charge‐sensitive drug tracking and managing processes like referrals, lab orders, patient consent, legal claims such as malpractice, and improved availability and reliability of scientific data. The technology is limited by the sensitive nature of patient data, potentially counteracting the verifiability benefit, as well as accessibility for patients, and the technical skills required to create and maintain the infrastructure.