Nenad Tomić (Author), Violeta Todorović (Author), Milena Jakšić (Author)

Abstract

Blockchain has been one of the key innovations in information technology in the last 15 years. An important aspect of applying blockchain technology is the creation of so-called non-fungible tokens (NFTs). Although the name resembles cryptocurrencies because of the word token, in practice, NFTs do not represent electronic money but a digital certificate of ownership of an asset. They effectively behave like tokens whose total supply is one, and it is immutable. Considering their technical and conceptual basis, NFTs can be defined as digital certificates of ownership based on blockchain tech- nology, the possession of which proves the indisputable ownership of the purchased digital asset. The subject of this paper is the conceptual basis of NFTs and the scope of their application in digital business. It aims to determine the value factors of NFTs and whether an expansion of their use can be expected in the future. The results of our research show that the essential advantage that NFTs bring to digital business is authentication. NFTs also enable the continuous collection of royalties by the author. The last, but potentially most powerful value generator of NFTs, is the creation of an ecosystem, where an online community is formed based on the initial forms of digital assets. Without standardization and regulation by states, NFTs will remain in the market niche of intensive Internet users

Keywords

artificial intelligence;blockchain;cryptocurrencies;non-fungible tokens;exclusivity;

Data

Language: English
Year of publishing:
Typology: 1.01 - Original Scientific Article
Organization: UM EPF - Faculty of Economics and Business
UDC: 005.7:004:658.62
COBISS: 163344387 Link will open in a new window
ISSN: 0547-3101
Views: 28
Downloads: 0
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Other data

Secondary language: Slovenian
Secondary title: Prihodnji trendi nezamenljivih žetonov
Secondary abstract: Veriženje blokov je ena ključnih inovacij na področju informacijske tehnologije v zadnjih 15 letih. Pomemben vidik uporabetehnologije veriženja blokov je ustvarjanje tako imenovanih nezamenljivih žetonov (non-fungible tokens (NFTs)). Čepravime zaradi besede žeton spominja na kriptovalute, v praksi NFTs ne predstavljajo elektronskega denarja, temveč digitalnopotrdilo o lastništvu sredstva. Dejansko se obnašajo kot žetoni, katerih skupna ponudba je 1 in je nespremenljiva. Gledena njihovo tehnično in konceptualno podlago lahko NFTs opredelimo kot digitalna potrdila o lastništvu, ki temeljijo natehnologiji veriženja blokov in katerih posedovanje dokazuje nesporno lastništvo kupljenega digitalnega sredstva. Predmettega prispevka je konceptualna osnova NFTs in obseg njihove uporabe v digitalnem poslovanju. Njegov namen je ugotovitivrednostne dejavnike NFTs in ali je v prihodnosti mogoče pričakovati širitev njihove uporabe. Rezultati naše raziskavekažejo, da je bistvena prednost, ki jo NFTs prinašajo v digitalno poslovanje, avtentifikacija. NFTs omogočajo tudi kontinuiranopobiranje avtorskih honorarjev. Zadnji, a potencialno najmočnejši generator vrednosti NFTs, je ustvarjanje ekosistema, vkaterem se na podlagi začetnih oblik digitalnih sredstev oblikuje spletna skupnost. Brez standardizacije in regulacije s stranidržav bodo NFTs ostali v tržni niši intenzivnih uporabnikov interneta.
Secondary keywords: umetna inteligenca;veriženje blokov;kriptovalute;nezamenljivi žetoni;ekskluzivnost;
Type (COBISS): Scientific work
Pages: str. 60-67
Volume: ǂVol. ǂ69
Issue: ǂno. ǂ2
Chronology: 2023
DOI: 10.18690/10.2478/ngoe-2023-0012
ID: 19892371