EcoNFT
DOI:
https://doi.org/10.29147/datjournal.v7i1.579Keywords:
NFT, EcoNFT, BlockchainAbstract
Article presenting the difference between the concepts of NFT and EcoNFT. An NFT or EcoNFT is an object of a property exchange transaction effected through a BLOCKCHAIN. For example, the authentication of a work of art is an intangible asset. The artist or whoever bought the good is its intellectual owner and has the right to use that property. Each cryptocurrency uses a different BLOCKCHAIN which employs its own validation process. The algorithm responsible for this validation process will differentiate an NFT from an EcoNFT, depending on the energy consumption required for the transaction.
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References
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