Exploring NFT Validation through Digital Watermarking

Abstract

Blockchain technology has brought notable advancements to diverse industries. The introduction of non-fungible tokens (NFTs) has particularly led to a lucrative market for unique digital asset ownership verification, including digital artworks. However, this trend has also given rise to concerns such as fraud, stolen works, authenticity, and copyright issues. Illicit traders exploit the market by trading unauthorized copies of digital objects as NFTs. In this study, we propose the use of digital watermarking as a means to establish the authenticity of NFTs and enhance the marketplace’s credibility.