Year: 2024
Type: article
Abstract: The introduction of non-fungible tokens (NFTs) has revolutionised digital ownership and asset management in the quickly changing environment of blockchain technology. NFTs are a kind of token that cannot be exchanged for another token. On the other hand, as the market for NFTs continues to grow, customers are becoming more and more interested in interoperability across various blockchain networks. Cross-chain non-fungible token markets have been developed as a result of this necessity. These marketplaces make it possible for different blockchain ecosystems to engage in transactions and interactions with one another. LayerZero and Chainlink are two technologies that are very significant in addressing the difficulty of interoperability across different chains.
Institution: Koneru Lakshmaiah Education Foundation
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: hybrid
OpenAlex ID: W4402678968