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A Study on the Characteristics of Non-Fungible Token(NFT) and Application Plans from the Digital Records Perspective : Focused on Transferable Records

  • The Korean Journal of Archival Studies
  • 2022, (73), pp.47-79
  • DOI : 10.20923/kjas.2022.73.047
  • Publisher : Korean Society Of Archival Studies
  • Research Area : Interdisciplinary Studies > Library and Information Science
  • Received : June 30, 2022
  • Accepted : July 10, 2022
  • Published : July 31, 2022

Joohye Won 1,  Hyeon-Gi So 1,  Hyo-Jung Oh 1

1전북대학교

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ABSTRACT

NFT is literally a ‘non-fungible token’, a digital file that records specific virtual assets on a blockchain. Events such as ownership of the asset and transaction history are recorded on the blockchain through the token transaction, so counterfeiting and falsification are impossible. Therefore, NFT is used as a tool that can uniquely represent a specific virtual asset. The main purpose of this paper is to examine the characteristics of NFT from a records management point of view and to find ways to use them, and focuses on digital records that have the 전자기록 관점에서 본 대체 불가능한 토큰(NFT) 특성 및 활용 방안 49 characteristics of assets as digital works. For this purpose, we first examine the basic concept of NFT and the principle of ownership and proof of value as an asset for digital works. In addition, it was confirmed how the advantages of NFT were applied through NFT use cases in various fields, and in particular, areas related to audio-visual records such as art, music, sports, and fashion were focused on. Furthermore, by comparing the characteristics of digital records with those of NFT, factors applicable to electronic records were identified. Finally, the types of digital records that are expected to be effective in the application of NFT were identified, and the possibility of their use and discussion points for introduction in records management are presented.

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This paper was written with support from the National Research Foundation of Korea.
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