Tokenized Markets Using Blockchain Technology: Exploring Recent Developments and Opportunities

Abstract

The popularity of blockchain technology stems largely from its association with cryptocurrencies, but its potential applications extend beyond this. Fungible tokens, which are interchangeable, can facilitate value transactions, while smart contracts using non-fungible tokens enable the exchange of digital assets. Utilizing blockchain technology, tokenized platforms can create virtual markets that operate without the need for a central authority. In principle, blockchain technology provides these markets with a high degree of security, trustworthiness, and dependability. This article surveys recent developments in these areas, including examples of architectures, designs, challenges, and best practices (case studies) for the design and implementation of tokenized platforms for exchanging digital assets.

Space Mission Risk, Sustainability and Supply Chain: Review, Multi-Objective Optimization Model and Practical Approach

“…In terms of space mission planning and organization, a new factor to consider is blockchain technology for future space missions. Although blockchain technology was first focused on cryptocurrencies and financial assets, there is great potential for its application across a wide range of industries, including space mission supply chain management, intellectual property rights, healthcare, and voting systems [102].…”