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NFT Innovation: Past the Fad
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Author(s): Ganesh Kumar (Universiti Teknologi PETRONAS, Seri Iskandar, Malaysia), Pooja Singhal (ABES Engineering College, India), Deepak Aneja (ABES Engineering College, India), Ritu Gupta (Bhagwan Parshuram Institute of Technology, India)and Abdullahi Abubakar Imam (Universiti Brunei Darusalam, Brunei)
Copyright: 2026
Pages: 18
Source title:
Non-Fungible Tokens (NFTs) in Smart Cities: Advancements and Security Challenges
Source Author(s)/Editor(s): Usman Khalil (School of Digital Science, Universiti Brunei Darusalam, Brunei), Mueen Uddin (College of Computing and IT, University of Doha for Science and Technology, Qatar), Owais Ahmed Malik (School of Digital Science, Universiti Brunei Darusalam, Brunei)and Abdulhalim Dandoush (College of Computing and IT, University of Doha for Science and Technology, Qatar)
DOI: 10.4018/979-8-3693-8876-1.ch006
Purchase
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Abstract
People can purchase, sell, and trade the NFTs (non-fungible tokens) on an NFT marketplace. NFTs are one-of-a-kind digital assets recorded on the Blockchain. The market facilitates the buying and selling of digital commodities by individuals from all over the globe and allows artists to tokenize their creations to prove their legitimacy. Secondary sales and royalties provide creators with a reliable source of cash. At its core, the NFT ecosystem revolves around NFT marketplaces. Blockchain technology used to guarantee transparency and security, increase visibility for artists and collectors, and encourage community involvement. Incorporating community and social features, ensuring strong security measures, optimizing scalability and performance, adhering to regulations, and continuously improving are all tasks that need to be completed for an NFT marketplace. To ensure security and transparency, boost artists' and collectors' visibility, and inspire community interaction.
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