Non-fungible token: a promising digital tool for business

This paper presents a review of the current status and development trends of the non-fungible tokens’ technology (NFT), which are digital rights to unique objects recorded in the blockchain. The object of the study is the non-interchangeable token technology. The subject of the study is the fields o...

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Main Authors: N. A. Kashevarova, I. S. Starikova
Format: Article
Language:English
Published: Publishing House of the State University of Management 2022-05-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/3430
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author N. A. Kashevarova
I. S. Starikova
author_facet N. A. Kashevarova
I. S. Starikova
author_sort N. A. Kashevarova
collection DOAJ
description This paper presents a review of the current status and development trends of the non-fungible tokens’ technology (NFT), which are digital rights to unique objects recorded in the blockchain. The object of the study is the non-interchangeable token technology. The subject of the study is the fields of practical application of NFT. The method is an analytical review of scientific publications. The current state and socio-cultural sources of the NFT market related to works of art and media objects are analysed. The technological and legal problems preventing the wide spread of NFT in the business environment are identified. The prospects for the use of non-fungible tokens in the field of protection and commercialization of patent law objects are considered.
format Article
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institution Kabale University
issn 1816-4277
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language English
publishDate 2022-05-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-119b796d2d284ed48f4f94a6360be2962025-02-04T08:28:11ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-05-0103445110.26425/1816-4277-2022-3-44-512295Non-fungible token: a promising digital tool for businessN. A. Kashevarova0I. S. Starikova1Bauman Moscow State Technical UniversityBauman Moscow State Technical UniversityThis paper presents a review of the current status and development trends of the non-fungible tokens’ technology (NFT), which are digital rights to unique objects recorded in the blockchain. The object of the study is the non-interchangeable token technology. The subject of the study is the fields of practical application of NFT. The method is an analytical review of scientific publications. The current state and socio-cultural sources of the NFT market related to works of art and media objects are analysed. The technological and legal problems preventing the wide spread of NFT in the business environment are identified. The prospects for the use of non-fungible tokens in the field of protection and commercialization of patent law objects are considered.https://vestnik.guu.ru/jour/article/view/3430non-fungible tokennftdigital rightsblockchaindistributed registryintellectual propertypatentinvention
spellingShingle N. A. Kashevarova
I. S. Starikova
Non-fungible token: a promising digital tool for business
Вестник университета
non-fungible token
nft
digital rights
blockchain
distributed registry
intellectual property
patent
invention
title Non-fungible token: a promising digital tool for business
title_full Non-fungible token: a promising digital tool for business
title_fullStr Non-fungible token: a promising digital tool for business
title_full_unstemmed Non-fungible token: a promising digital tool for business
title_short Non-fungible token: a promising digital tool for business
title_sort non fungible token a promising digital tool for business
topic non-fungible token
nft
digital rights
blockchain
distributed registry
intellectual property
patent
invention
url https://vestnik.guu.ru/jour/article/view/3430
work_keys_str_mv AT nakashevarova nonfungibletokenapromisingdigitaltoolforbusiness
AT isstarikova nonfungibletokenapromisingdigitaltoolforbusiness