The Decentralized Non-Fungible Token Exchange with Secure Connections

During the COVID-19 outbreak, due to the lockdown, all museums and galleries were closed for more than a year. So, the buying and selling of physical arts have dropped. This project aims to overcome this challenge by developing a decentralized application called Decentralized NFT Exchange....

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Main Authors: Sharath, M.S., Shreedhara N, Hegde, Lai, Mei Yoon
Format: Article
Language:English
English
Published: INTI International University 2024
Subjects:
Online Access:http://eprints.intimal.edu.my/1957/
http://eprints.intimal.edu.my/1957/2/500
http://eprints.intimal.edu.my/1957/3/joit2024_04b.pdf
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author Sharath, M.S.
Shreedhara N, Hegde
Lai, Mei Yoon
author_facet Sharath, M.S.
Shreedhara N, Hegde
Lai, Mei Yoon
author_sort Sharath, M.S.
building INTI Institutional Repository
collection Online Access
description During the COVID-19 outbreak, due to the lockdown, all museums and galleries were closed for more than a year. So, the buying and selling of physical arts have dropped. This project aims to overcome this challenge by developing a decentralized application called Decentralized NFT Exchange. The decentralized non-fungible token (NFT)exchange includes features such as secure wallet connections, NFT creations, buying, selling, and profile management. The back-end of the decentralized NFT exchange is implemented using Solidity-based smart contracts, while InterPlanetary File System (IPFS)is used for decentralized storage. Front-end development of decentralized NFT exchange is implemented using React JSX and framework web3.js that helps developers connect to the Ethereum network. Decentralized NFT can help art creators sell their artworks using a smart contract system where the ownership of the work will become the property of the new owner with proof of a digital certificate. The project demonstrates the practical application of blockchain technology in developing decentralized applications (DApps)for secure and decentralized digital asset management. Overall, Decentralized NFT might be a solution for the copyright of work in the future and the project contributes to secure and decentralized digital asset management
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spelling intimal-19572025-06-13T02:40:52Z http://eprints.intimal.edu.my/1957/ The Decentralized Non-Fungible Token Exchange with Secure Connections Sharath, M.S. Shreedhara N, Hegde Lai, Mei Yoon QA75 Electronic computers. Computer science QA76 Computer software T Technology (General) During the COVID-19 outbreak, due to the lockdown, all museums and galleries were closed for more than a year. So, the buying and selling of physical arts have dropped. This project aims to overcome this challenge by developing a decentralized application called Decentralized NFT Exchange. The decentralized non-fungible token (NFT)exchange includes features such as secure wallet connections, NFT creations, buying, selling, and profile management. The back-end of the decentralized NFT exchange is implemented using Solidity-based smart contracts, while InterPlanetary File System (IPFS)is used for decentralized storage. Front-end development of decentralized NFT exchange is implemented using React JSX and framework web3.js that helps developers connect to the Ethereum network. Decentralized NFT can help art creators sell their artworks using a smart contract system where the ownership of the work will become the property of the new owner with proof of a digital certificate. The project demonstrates the practical application of blockchain technology in developing decentralized applications (DApps)for secure and decentralized digital asset management. Overall, Decentralized NFT might be a solution for the copyright of work in the future and the project contributes to secure and decentralized digital asset management INTI International University 2024-07 Article PeerReviewed text en cc_by_4 http://eprints.intimal.edu.my/1957/2/500 text en cc_by_4 http://eprints.intimal.edu.my/1957/3/joit2024_04b.pdf Sharath, M.S. and Shreedhara N, Hegde and Lai, Mei Yoon (2024) The Decentralized Non-Fungible Token Exchange with Secure Connections. Journal of Innovation and Technology, 2024 (04). pp. 1-6. ISSN 2805-5179 http://ipublishing.intimal.edu.my/joint.html
spellingShingle QA75 Electronic computers. Computer science
QA76 Computer software
T Technology (General)
Sharath, M.S.
Shreedhara N, Hegde
Lai, Mei Yoon
The Decentralized Non-Fungible Token Exchange with Secure Connections
title The Decentralized Non-Fungible Token Exchange with Secure Connections
title_full The Decentralized Non-Fungible Token Exchange with Secure Connections
title_fullStr The Decentralized Non-Fungible Token Exchange with Secure Connections
title_full_unstemmed The Decentralized Non-Fungible Token Exchange with Secure Connections
title_short The Decentralized Non-Fungible Token Exchange with Secure Connections
title_sort decentralized non-fungible token exchange with secure connections
topic QA75 Electronic computers. Computer science
QA76 Computer software
T Technology (General)
url http://eprints.intimal.edu.my/1957/
http://eprints.intimal.edu.my/1957/
http://eprints.intimal.edu.my/1957/2/500
http://eprints.intimal.edu.my/1957/3/joit2024_04b.pdf