In this article we review NFT token architecture and metadata storage options. We show the main disadvantages and risks of the existing NFT architecture and infrastructure. NFT minting performance was analysed on various distributed ledger technologies. The main problem of NFT technology that we highlight is its associated metadata storage options. Since in-secure Web2 based servers are allowed as a storage solution data that is associated with the NFT tokens can be corrupted, modified and lost. Thus harming the end user. We see the main solution for such issues in data blockchains proliferation as they would provide data immutability.

Original languageEnglish
Title of host publicationComputational Science and Its Applications - ICCSA 2022 Workshops, Proceedings
EditorsOsvaldo Gervasi, Beniamino Murgante, Sanjay Misra, Ana Maria A.C. Rocha, Chiara Garau
PublisherSpringer Nature
Pages217-228
Number of pages12
ISBN (Electronic)978-3-031-10536-4
ISBN (Print)9783031105357
DOIs
StatePublished - 2022
Event22nd International Conference on Computational Science and Its Applications , ICCSA 2022 - Malaga, Spain
Duration: 4 Jul 20227 Jul 2022
Conference number: 22
https://iccsa.org/

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume13377 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference22nd International Conference on Computational Science and Its Applications , ICCSA 2022
Abbreviated titleICCSA 2022
Country/TerritorySpain
CityMalaga
Period4/07/227/07/22
Internet address

    Research areas

  • Architectural risks, Metadata storage, NFT, Performance

    Scopus subject areas

  • Theoretical Computer Science
  • Computer Science(all)

ID: 97760856