NFTracer: A Non-Fungible Token Tracking Proof-of-Concept Using Hyperledger Fabric

Autor:	Bal, Mustafa, Ner, Caitlin
Rok vydání:	2019
Předmět:	Computer Science - Databases Computer Science - Distributed Parallel and Cluster Computing
Druh dokumentu:	Working Paper
Popis:	Various start-up developers and academic researchers have investigated the usage of blockchain as a data storage medium due to the advantages offered by its tamper-proof and decentralized nature. However, there have not been many attempts to provide a standard platform for virtually storing the states of unique tangible entities and their subsequent modifications. In this paper, we propose NFTracer, a non-fungible token tracking proof-of-concept based on Hyperledger Composer and Hyperledger Fabric Blockchain. To achieve the capabilities of our platform, we use NFTracer to build an artwork auction and a real estate auction, which vary in technical complexity and demonstrate the advantages of being able to track entities and their resulting modifications in a decentralized manner. We also present its accompanying modular architecture and system components, and discuss possible future works on NFTracer. Comment: 9 pages, 3 figures, 5 algorithms, preprint
Databáze:	arXiv
Externí odkaz:	http://arxiv.org/abs/1905.04795 Zobrazit plný text záznamu View this record from Arxiv