Non-Fungible Token Environment using Blockchain

Authors

  • Ms. Vaibhavi Weiginwar Department of Computer Engineering St. Vincent Pallotti College of Engineering & Technology Nagpur, India
  • Ms. Shubhi Rai Department of Computer Engineering St. Vincent Pallotti College of Engineering & Technology Nagpur, India
  • Ms. Vibha Dodke Department of Computer Engineering St. Vincent Pallotti College of Engineering & Technology Nagpur, India.

Keywords:

environment, security, Environment, Blockchain, Non-Fungible

Abstract

In today’s world, everything is digitalized and people continueto rely more on the technology. Due to this the need tominimize the manual work continue to arise. After the covid pandemic this need has increased tremendously. Everyone wishes to claim ownership of their work, rather it be a new discovery or simply a digital art. To claim ownership of one’s digital art the concept of NFT can be used. These are non- exchangeable token which identifies a resource uniquely. By means of this project, our aim was to create an environment where a person can claim ownership of their work. The user canadd these work and then a NFT will be generated by the use ofa smart contract drafted in the ERC 720 standard. Ethereum blockchain used ensures the security for the digital assets. The ownership rights can be obtained digitally by the use of this environment.

References

NFTs in Practice – Non-Fungible Tokens as Core Component of a Blockchain-based Event Ticketing Application https://www.researchgate.net/publication/336057493_NFTs_in_Practice _-_Non-Fungible_Tokens_as_Core_Component_of_a_Blockchain- based_Event_Ticketing_Application

Non-Fungible Token (NFT): Overview, Evaluation, Opportunities and Challenges https://www.researchgate.net/publication/351656444_Non- Fungible_Token_NFT_Overview_Evaluation_Opportunities_and_Chall enges

Non-Fungible Token (NFT): Overview, Evaluation, Opportunities and Challenges

https://www.researchgate.net/publication/351656444_Non- Fungible_Token_NFT_Overview_Evaluation_Opportunities_and_Chall enges

The non-fungible token (NFT) market and its relationship with Bitcoin and Ethereum

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=386

Published

18-04-2022

How to Cite

Ms. Vaibhavi Weiginwar, Ms. Shubhi Rai, & Ms. Vibha Dodke. (2022). Non-Fungible Token Environment using Blockchain. International Journal for Research Publication and Seminar, 13(3), 147–151. Retrieved from https://jrps.shodhsagar.com/index.php/j/article/view/549

Issue

Vol. 13 No. 3 (2022): Volume 13 | Issue 3 | 2022 (NSCIT)

Section

Original Research Article

License

Copyright (c) 2022 International Journal for Research Publication and Seminar

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