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Literature Review

The document outlines recent research on NFT marketplaces, focusing on blockchain technology and various methods for secure digital asset management. It highlights the advantages and limitations of different approaches, including the use of smart contracts and machine learning for efficiency. The studies suggest potential future developments in NFT trading platforms and areas for further exploration.
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0% found this document useful (0 votes)
27 views1 page

Literature Review

The document outlines recent research on NFT marketplaces, focusing on blockchain technology and various methods for secure digital asset management. It highlights the advantages and limitations of different approaches, including the use of smart contracts and machine learning for efficiency. The studies suggest potential future developments in NFT trading platforms and areas for further exploration.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Method/ Algorithm Result Future

Year Author Name Title of paper used Accuracy Advantage limitation Scope
2023 Samreen Kazi , NFT Marketplace Blockchain Proposes the Highlights Discusses Suggests the
Arsheen Kazi , using Blockchain Technology, development the potential challenges potential for the
Leon D’souza , Testnetworks and of a for NFTs including gas establishment of
Akshay Loke Faucets, IPFS, decentralized as a source fees, legal a platform for
NFT of investment issues, and NFT trading.
Smart
marketplace. and trading. environmental Identifies areas
Contracts Discusses Offers an concerns in like minting,
key concepts opportunity NFT listing, buying,
like smart for creators marketplaces. and selling of
contracts, and consumer NFTs for
wallets, and to engage in further
token NFT exploration.
standards. transactions.
2023. Sandip Ranjan PROPOSAL OF dAPP,Blockchain Aims to Offers secure No specific li Contributes to
Behera, Saswati USER-FRIENDL Technology, NFT address the digital asset mentioned research on
Parida, Aditya DESIGN OF NFT Smart contract, secure management, secure digital
Ranjan Patro, MARKETPLACE Solidity, Polygon, management NFT image asset
and trade of generation, management.
Debani Prasad IPFS, React.js,
digital assets, and a Demonstrates
Mishra. Web.js, Next.js, focusing on marketplace. the potential of
NFTs. Integrates the blockchain and
Develops a OpenAI API deep learning
dApp using for unique for digital asset
blockchain NFT image management.
technology creation.
and deep
learning
models.
2023 Ritik Gandhi, NFT Blockchain Evaluates the Provides Identifies Offers a basis
Gagan Raj Singh, MARKETPLACE Technology, cost and insights into challenges in for selecting an
Piyush Batra DALL.E, React.js performance the efficiency blockchain optimal public
And Etherjs, of public of blockchain technology, blockchain
blockchain platforms for including platform for
IPFS, dAPP,
platforms NFTs. transaction NFTs. Suggests
Solidity (Fantom, Employs fees, energy further research
Avalanche, Machine inefficiency, into blockchain
and Polygon) learning and efficiency for
for minting models for scalability. NFT
and evaluation. marketplaces.
transferring
NFTs. Finds
Polygon
more
efficient in
terms of
transaction
fees and
throughput.

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