Kalhoro, Ayesha and Wagan, Asif Ali and Khan, Abdullah Ayub and Lin, Jim-Min and Ku, Chin Soon and Por, Lip Yee and Yang, Jing (2023) Rewarding Developers by Storing Applications on Non-Fungible Tokens. Mathematics, 11 (11). ISSN 2227-7390, DOI https://doi.org/10.3390/math11112519.
Full text not available from this repository.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.
Item Type: | Article |
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Funders: | National Science and Technology Council in Taiwan under grant number NSTC110-2511-H-035-002-MY2 |
Uncontrolled Keywords: | non-fungible tokens (NFTs); Ethereum; information technology (IT); blockchain; smart contract |
Subjects: | Q Science > QA Mathematics > QA75 Electronic computers. Computer science |
Divisions: | Faculty of Computer Science & Information Technology > Department of Computer System & Technology |
Depositing User: | Ms. Juhaida Abd Rahim |
Date Deposited: | 01 Oct 2025 03:35 |
Last Modified: | 01 Oct 2025 03:35 |
URI: | http://eprints.um.edu.my/id/eprint/50286 |
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