Implementation of Smart Contracts for E-Certificate as Non-Fungible Token using Solana Network

Artha, Kevin Aditya Ramadhan; Zain, Sarah Noor; Alkautsar, Azhar Ashhafa; Widianto, Mochammad Haldi

doi:10.1109/icitda55840.2022.9971423

Cited by 4 publications

(3 citation statements)

References 7 publications

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“…The validity and integrity of data are guaranteed by tokenizing credentials as NFTs. Each NFT is a tamper-proof and verifiable record of a healthcare professional's educational credentials [61]. NFTs may lower the danger of falsified or fraudulent credentials, improving the verifier's ability to rely on them.…”

Section: )mentioning

confidence: 99%

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Non-Fungible Tokens (NFTs)—Survey of Current Applications, Evolution, and Future Directions

Razi,

Devrani,

Abhyankar

et al. 2024

IEEE Open J. Commun. Soc.

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Non-fungible tokens (NFTs) have become an exciting technology that provides a fresh perspective on asset ownership, provenance, and value exchange. NFTs, a blockchain-based technology, are distinct and indivisible cryptographic tokens used to confirm and record the ownership of digital and physical assets in an immutable and transparent way. The fundamental block of NFT is a smart contract built on a blockchain network. This contract contains specific information about the asset it represents, such as its unique identifier, metadata, and ownership details. The information is kept private and tamper-proof due to the decentralized and distributed structure of the blockchain, boosting faith in the token's authenticity. The NFT is gaining popularity, but it is still in the developing stage. There is a need for a comprehensive survey to guide future research and development in NFTs. Thus, this paper presents the technical components of NFTs, their features, and the minting process. Further, this survey paper describes different token standards for NFTs. It presents various applications of NFTs in healthcare, supply chain, gaming, identity verification, agriculture, intellectual property, smart cities, charity and donation, and education. The article also emphasizes the significant difficulties faced currently in implementing NFT technology from the viewpoints of ownership, governance, and property rights, as well as security, privacy, and environmental effects. This work also elucidates the future directions to overcome the challenges in adopting NFTs in various applications.

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Section: )mentioning

confidence: 99%

“…2) Certificates and Credentials: The authors in [61] present a solution for the problem of certificate packaging by using blockchain, smart contracts, and NFTs. Several colleges are using NFTs for certification and working in remote learning environments.…”

Section: F Educationmentioning

confidence: 99%

Non-Fungible Tokens (NFTs)—Survey of Current Applications, Evolution, and Future Directions

Razi,

Devrani,

Abhyankar

et al. 2024

IEEE Open J. Commun. Soc.

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“…It also explores practical applications. Artha et al [1] combined smart contracts and Solana NFT to convert certificates to NFTs to solve the certificate packing problem. Zocca et al [23] designed and implemented a system to counter the phenomenon of counterfeit luxury goods.…”

Section: Introductionmentioning

confidence: 99%

Characterizing the Solana NFT Ecosystem

Kong,

Li,

2024

Companion Proceedings of the ACM Web Conference 2024

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Non-Fungible Tokens (NFTs) are digital assets recorded on the blockchain, providing cryptographic proof of ownership over digital or physical items. Although Solana has only begun to gain popularity in recent years, its NFT market has seen substantial transaction volumes. In this paper, we conduct the first systematic research on the characteristics of Solana NFTs from two perspectives: longitudinal measurement and wash trading security audit. We gathered 132,736 Solana NFT from Solscan and analyzed the sales data within these collections. Investigating users' economic activity and NFT owner information reveals that the top users in Solana NFT are skewed toward a higher distribution of purchases. Subsequently, we employ the Local Outlier Factor algorithm to conduct a wash trading audit on 2,175 popular Solana NFTs. We discovered that 138 NFT pools are involved in wash trading, with 8 of these NFTs having a wash trading rate exceeding 50%. Fortunately, none of these NFTs have been entirely washed out. CCS CONCEPTS• Applied computing → Media arts; • Security and privacy → Trade Security.

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Digital Certification – Certification Credential as Non Fungible Token (NFT)

et al. 2023

2023 2nd International Conference on Advancements in Electrical, Electronics, Communication, Computing and Automation (ICAECA)

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Implementation of Smart Contracts for E-Certificate as Non-Fungible Token using Solana Network

Cited by 4 publications

References 7 publications

Non-Fungible Tokens (NFTs)—Survey of Current Applications, Evolution, and Future Directions

Non-Fungible Tokens (NFTs)—Survey of Current Applications, Evolution, and Future Directions

Characterizing the Solana NFT Ecosystem

Digital Certification – Certification Credential as Non Fungible Token (NFT)

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