Implementation of the Asset Proxy for (Non-fungible token) NFT Paradigm

Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Due to its vast usability in different industries, such as gaming, real estate, and art, many professionals believe it will be the future of trading. However, like any other new technology, it has issues that need to be addressed. Issues like potential inconsistency between on-chain and off-chain data, lack of a mechanism for identifying asset owners and making them fully accountable, and simultaneous on-chain double-spending issues. This project is aimed to address mentioned issues and provide a safer platform for NFT trading and asset tokenization. This project is part of the Lab2Market program, which provides a commercial opportunity to utilize the final product.

Faculty Supervisor:

Sara Rouhani

Student:

Partner:

North Forge

Discipline:

Computer science

Sector:

Education; Management of companies and enterprises; Professional, scientific and technical services

University:

University of Manitoba

Program: