Legal framework of non-fungible tokens –Legal repercussions & challenges ahead

• Aditya Mehrotra ^[1]
  1. [1] College-Symbiosis Law School, Pune (India)
• Localización: JANUS.NET, ISSN-e 1647-7251, Vol. 14, Nº. 2, 2023-2024, págs. 389-396
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Non-fungible tokens (NFTs) are often regarded as the cryptocurrency of the future. The ownership and value of an original digital asset like a picture, video, or audio file may be established with the use of a digital asset called a Non-Fungible Token (NFT). Blockchain technology and smart contracts are used to issue them on these assets, creating one-ofa-kind digital signatures and guaranteeing their safety. As a result of their speculative nature, sudden price drops or rises, and susceptibility to cyber security attacks, they are very risky investments. NFTs aim to alleviate the burden of proof-of-ownership verification.