Rewarding Developers by Storing Applications on Non-Fungible Tokens

【Author】 Kalhoro, Ayesha; Wagan, Asif Ali; Khan, Abdullah Ayub; Lin, Jim-Min; Ku, Chin Soon; Por, Lip Yee; Yang, Jing

【Source】MATHEMATICS

【影响因子】2.592

【Abstract】Non-fungible tokens (NFTs) are individual tokens with valuable information stored inside them over blockchain technology. They can be purchased and sold like other physical and virtual art pieces because their worth is mostly determined by the market and demand. The unique data of NFTs render it simple to verify and authenticate their ownership and transfer of tokens between owners. However, in Pakistan, developers cannot acquire different licences to accomplish their projects not because they cannot afford it, but because they cannot invest in every piece of software to accomplish each new sensitive task. Rather, they can render the product platform independent. Considering this technology, this paper provides IT professionals with a new NFT approach and business policies that solely belong to the information technology domain. In addition, this paper also introduces how NFT tokens can hold software applications. Since we can store files, we can let NFTs also store complete applications to help developers in further utilising virtuality and having the metaverse at their fingertips. Whenever they succeed in a project, they never receive rewards, and their skills only pay the bills. In a nutshell, this paper presents a prototype of NFTs that would be further polished to save and utilise applications in a decentralised manner while rewarding the developers.

【Keywords】non-fungible tokens (NFTs); Ethereum; information technology (IT); blockchain; smart contract

【发表时间】2023 30-May

【收录时间】2023-07-17

【文献类型】实验仿真

【主题类别】

区块链应用-虚拟经济-NFT