NFTs for Online Trading of Artworks

Smart contracts are an important key component of blockchain technology. They allow the creation of unique digital assets (such as artwork, real estate, collectibles, etc.) by representing them as NFTs. These NFTs can then be sold and purchased transparently and securely on a decentralized NFT marketplace. In this paper, we develop a smart contracts application that allows the creation of an NFT, which represents an artwork, that can be sold on an NFT marketplace while transferring the ownership from the seller to the buyer.