NON-FUNGIBLE TOKENS IN DECENTRALIZED SYSTEMS

Authors

  • Dragan Dulić Autor

DOI:

https://doi.org/10.24867/18BE21Dulic

Keywords:

Non-fungible tokens, Centralized and Decentralized system, Blockchain, Ethereum

Abstract

In this work we describe an architecture of the system which is used to create non-fungible tokens, which enable proving the ownership of various digital objects. Also, we describe the basic concepts of centralized and decentralized systems and blockchain technologies on which non-fungible token are based.

References

[1] Centralized vs decentralized, https://www.vxchnge.com/blog/centralized-decentralized-network
[2] Distributed Systems, Third edition, Maarten van Steen, Andrew S. Tanenbaum
[3] Satoshi Nakamoto, A peer-to-peer Electronic Cash System, https://bitcoin.org/bitcoin.pdf
[4] Ethereum organization, https://ethereum.org/en/
[5] Imran Bashir, “Mastering Blockchain”, 2020.
[6] Mastering Ethereum, Andreas M. Antonopoulos, Gavin Wood,
[7] Blockchain Oracles Explained, https://www.gemini.com/cryptopedia/crypto-oracle-blockchain-overview#section-decentralized-oracles
[8] Non-fungible tokens (NFT), Ethereum organization, https://ethereum.org/en/nft/#what-are-nfts
[9] Crypto.com, Token standards, https://crypto.com/university/article?category=crypto101&page=token-standards
[10] Consensus Algorithms in Blockchain, https://www.geeksforgeeks.org/consensus-algorithms-in-blockchain/

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Published

2022-07-09

Issue

Vol. 37 No. 07 (2022): Proceedings of Faculty of Technical Sciences

Section

Electrotechnical and Computer Engineering