Blockchain and its Application in Non-Fungible Tokens

Author:

Magotra Vishwas q1,Prithviraj Kamble1,Patel Saharsh1,Gupta Priyanka2

Affiliation:

1. Computer Science and Engineering, Lovely Professional University, Phagwara, Punjab, India

2. School of Computer Science and Engineering, Lovely Professional University, Phagwara, Punjab, India

Abstract

Blockchain has always been considered as the solution to almost every problem that our world experiences in any form of transaction, one of its booming applications is non-fungible tokens. With increasing use of cryptocurrencies, and new assets that one can buy using it, non-fungible tokens are in the buzz, and through this journal we are trying to help people and upcoming generations understand non-fungible tokens and the variety of areas in which it can be used.

Publisher

Technoscience Academy

Subject

General Medicine

Reference5 articles.

1. Zibin Zheng et al, An Overview of Blockchain Technology: Architecture, Consensus, and Future Trends, IEEE International Congress on Big Data (Big Data Congress), 2017

2. https://en.wikipedia.org/wiki/Non-fungible_token

3. Dean, Sam(2021-03-11) “$69 million of digital art? The NFT craze, explained” Los Angeles Times.

4. Sumit Soni et al, A Comprehensive survey on Blockchain: Working, security analysis, privacy threats and potential applications.

5. L. Lamport, R. Shostak, and M. Pease, “The byzantine generals problem,” ACM transactions on Programing Languages and Systems

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