The paper aims to analyze the new technology of non-fungible tokens (NFTs) to understand whether there is a basis for sustainable growth or whether these tokens will disappear over time. The key issues analyzed include economic, environmental, legal, and accessibility aspects. NFTs are an innovation that has emerged in recent years and have attracted huge and growing interest worldwide. They represent a type of cryptographic token that serves as a deed and certificate of authenticity for a single asset on the Blockchain. In order to do so, the methodology consists of analyses of existing literature and various information sources.What emerged is that NFT technology is to be considered as the future of online property and is destined to revolutionize, to some extent, the way the internet is used. In addition, it is an important product and process innovation formany companies, regardless of their industry. However, sustainable growth will only be possible if several environmental, legal, and economic changes occur. It must therefore be in everyone's interest to preserve and exploit the potential of non-fungible tokens, and to invest in and commit to making them environmentally sustainable and secure.

Non-fungible tokens (NFTS): sustainable growth or destined to disappear?

Gazzola P.
;
Amelio S.;
2022-01-01

Abstract

The paper aims to analyze the new technology of non-fungible tokens (NFTs) to understand whether there is a basis for sustainable growth or whether these tokens will disappear over time. The key issues analyzed include economic, environmental, legal, and accessibility aspects. NFTs are an innovation that has emerged in recent years and have attracted huge and growing interest worldwide. They represent a type of cryptographic token that serves as a deed and certificate of authenticity for a single asset on the Blockchain. In order to do so, the methodology consists of analyses of existing literature and various information sources.What emerged is that NFT technology is to be considered as the future of online property and is destined to revolutionize, to some extent, the way the internet is used. In addition, it is an important product and process innovation formany companies, regardless of their industry. However, sustainable growth will only be possible if several environmental, legal, and economic changes occur. It must therefore be in everyone's interest to preserve and exploit the potential of non-fungible tokens, and to invest in and commit to making them environmentally sustainable and secure.
2022
Sustainable Development and Strategic Growth
9786067496284
STRATEGICA International Academic Conference
Faculty of Management, National University of Political Studies and Public Administration in Romania (SNSPA), Bucharest, Romania
20-21 october 2022
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11383/2156531
 Attenzione

L'Ateneo sottopone a validazione solo i file PDF allegati

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact