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Non-fungible token (NFT): Bubble or future in the world of block chain technology.

Authors :
Prathiba, L.
Basha, Md. Shaik Amzad
Maheshwari, Abhishek
Ranka, Monica
Source :
AIP Conference Proceedings. 2023, Vol. 2821 Issue 1, p1-4. 4p.
Publication Year :
2023

Abstract

The introduction of blockchain technology entering into human existence, which is a reinforcement of the cryptocurrency space, is both a concern and an opportunity. The main motivation underlying such an invention is conditional transparency and the unmatched ability to protect people against data destruction. The collecting drive of NFTs is profitable and also has sparked curiosity, with everyone vying for the first piece of the package, increasing the future Value of an NFT, as it is a very new topic about NFT using block-chain technology. It is something quite about a flurry of blockchain technological stories that leave us wondering. In this research paper, we explained the new emerging Non-Fungible Token (NFT), its uses, and implications. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0094243X
Volume :
2821
Issue :
1
Database :
Academic Search Index
Journal :
AIP Conference Proceedings
Publication Type :
Conference
Accession number :
173743647
Full Text :
https://doi.org/10.1063/5.0158419