Related papers: NFT formalised
We propose a secure and efficient implementation of fungible tokens on Bitcoin. Our technique is based on a small extension of the Bitcoin script language, which allows the spending conditions in a transaction to depend on the neighbour…
Blockchain, the backbone of Bitcoin, has recently gained a lot of attention. Blockchain functions as an immutable record that enables decentralized transactions. Blockchain-based applications are sprouting up in a variety of industries,…
Among the earliest projects to combine the Metaverse and non-fungible tokens (NFTs) we find Decentraland, a blockchain-based virtual world that touts itself as the first to be owned by its users. In particular, the platform's virtual…
Permisionless decentralized ledgers ("blockchains") such as the one underlying the cryptocurrency Bitcoin allow anonymous participants to maintain the ledger, while avoiding control or "censorship" by any single entity. In contrast,…
Permissionless blockchains (e.g., Bitcoin, Ethereum, etc) have shown a wide success in implementing global scale peer-to-peer cryptocurrency systems. In such blockchains, new currency units are generated through the mining process and are…
Blockchain's evolution during the past decade is astonishing: from bitcoin to over 2.000 altcoins, and from decentralised electronic payments to transactions programmable by smart contracts and complex tokens governed by decentralised…
Cross-chain NFT migration refers to the process of transferring digital assets along with their associated functionalities and guarantees between distinct blockchain platforms. However, architectural divergences among these platforms…
The non-fungible token (NFT) market emerges as a recent trading innovation leveraging blockchain technology, mirroring the dynamics of the cryptocurrency market. The current study is based on the capitalization changes and transaction…
The fervor for Non-Fungible Tokens (NFTs) attracted countless creators, leading to a Big Bang of digital assets driven by latent or explicit forms of inspiration, as in many creative processes. This work exploits Vision Transformers and…
The rapid expansion of the non-fungible token (NFT) market has catalyzed new opportunities for artists, collectors, and investors, yet it has also unveiled critical challenges related to the storage and distribution of associated metadata.…
This paper proposes a classification model for predicting the main activity of bitcoin addresses based on their balances. Since the balances are functions of time, we apply methods from functional data analysis; more specifically, the…
The emergence of metaverse brings tremendous evolution to Non-Fungible Tokens (NFTs), which could certify the ownership the unique digital asset in the cyber world. The NFT market has garnered unprecedented attention from investors and…
In this paper, we propose a certificate sharing system based on blockchain that gives students authority and control over their academic certificates. Our strategy involves developing blockchain-based NFT certifications that can be shared…
The introduction of novel technology has oftentimes changed the concept of ownership. Non-fungible tokens are a recent example, as they allow a decentralized way to generate and verify proof of ownership via distributed ledger technology.…
Alternative Assets tokenization is transforming non-traditional financial instruments are represented and traded on the web. However, ensuring trustworthiness in web-based tokenized ecosystems poses significant challenges, from verifying…
This paper examines the dynamics of the cryptocurrency market and proposes a novel blockchain-based protocol for real estate transactions. Our analysis includes a detailed review of price trends, volatility, and correlations within the…
Conspicuous consumption occurs when a consumer derives value from a good based on its social meaning as a signal of wealth, taste, and/or community affiliation. Common conspicuous goods include designer footwear, country club memberships,…
The rapid rise of cryptocurrency prices led to concerns (e.g. the Financial Stability Board) that this wealth accumulation could detrimentally spill over into other parts of the economy, but evidence is limited. We exploit the tendency for…
Blockchains are being positioned as the "technology of trust" that can be used to mediate transactions between non-trusting parties without the need for a central authority. They support transaction types that are native to the blockchain…
Previous work presented a theoretical model based on the implicit Bitcoin specification for how an entity might issue a protocol native cryptocurrency that mimics features of fiat currencies. Protocol native means that it is built into the…