• Title/Summary/Keyword: Klaytn

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Development of NFT Platform for Improvement of Accessibility to Domestic Users (국내 사용자 접근성 향상을 위한 NFT 플랫폼 개발)

  • Lee, Hyo-Sang;Oh, Jin-woo;Oh, Am-suk
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2022.10a
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    • pp.233-235
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    • 2022
  • The purpose of this paper is to develop a platform using NFT, which serves as a certificate for the service of Web 3.0, which is being decentralized and utilized in connection with blockchain technology. The NFT platform is a platform that can smoothly use platforms that existed only overseas in Korea, and develops a platform using Klaytn to increase accessibility by solving problems such as ETH fees and transmission speeds. Through the NFT platform using Klaytn, domestic users can expect high utilization through easier accessibility and can be used for metaverse, games, etc.

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Cost Minimization of Solidity Smart Contracts on Blockchain Systems

  • Lee, Wan Yeon
    • International journal of advanced smart convergence
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    • v.9 no.2
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    • pp.157-163
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    • 2020
  • Recently the blockchain technology has been actively studied due to its great potentiality. The smart contract is a key mechanism of the blockchain system. Due to the short history of the smart contract, many issues have not been solved yet. One main issue is vulnerability and another main issue is cost optimization. While the vulnerability of smart contract has been actively studied, the cost optimization has been rarely studied. In this paper, we propose two cost optimization methods for smart contracts running on the blockchain system. Triggering a function in a smart contract program code may require costs and it is repeated continuously. So the minimization of costs required to trigger a function of smart contract while maintaining the performance equally is very important. The proposed two methods minimize the usage of expensive permanent variables deployed on the blockchain system. We apply the proposed two methods to three prevalent blockchain platforms: Ethereum, Klaytn and Tron. Evaluation experiments verify that the proposed scheme significantly reduces the costs of functions in the smart contract written with Solidity.

A Study on NFT Automatic Minting System Using Blockchain and Recommendation System (블록체인과 개인화 추천 알고리즘을 활용한 NFT 자동 발행 시스템에 관한 연구)

  • Lee, Jong-Heon;Yun, Sung-Jun;So, Sung-Min;Moon, Sang-Heyeok;Baek, Seun-woo
    • Proceedings of the Korea Information Processing Society Conference
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    • 2022.11a
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    • pp.958-960
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    • 2022
  • 본 논문에서 블록체인과 개인화 추천 알고리즘을 통해 사용자 데이터 기반의 카페 정보를 추천하는 시스템과 Non-Fungible Token(NFT) 자동 발행 시스템을 구축하는 방법을 제안한다. Matrix Factorization를 활용한 추천 알고리즘을 통한 맞춤형 카페 정보를 추천한다. 또한 Klaytn을 통한 KIP-17 형태의 NFT를 자동 발급하는 시스템을 제안한다.

NFT-Based Ticket Ownership Booking And Trading Platform (NFT 기반의 티켓 소유권 예매 및 거래 플랫폼)

  • Lee, Kyung-Yong;Ryu, Sang-Uk;Lee, Seung-Bin;Shin, Young-Min
    • Proceedings of the Korea Information Processing Society Conference
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    • 2022.11a
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    • pp.734-736
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    • 2022
  • 티켓은 우리의 문화생활을 위한 필수 불가결한 요소이다. 그러나 기존의 티켓 시스템에 대한 소비자들의 불만과 악의적인 범죄 피해가 늘어가는 상황에서 새로운 대안의 필요성이 커졌다. 이를 해결하고자 Klaytn 기반의 NFT 시스템으로 티켓을 NFT화하여 수수료 및 환불에 대한 소비자들의 피해와 불만을 해소하고, 티켓 거래의 투명성을 제고하는 티켓 예매 및 거래 플랫폼 방안을 제시한다.

A user friendly NFT platform for Digital Assets (디지털 자산을 위한 사용자 친화적인 NFT 플랫폼)

  • Nitin Bhagat;Jong-Wook Bae;Su-Hyun Lee
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2023.07a
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    • pp.447-450
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    • 2023
  • Blockchain technology has paved the way for the rise of non-fungible tokens(NFTs) in recent years. NFTs enable the unique ownership of digital assets and harness the power of blockchain's transparency and decentralization. However, existing NFT platforms often pose barriers to entry for the public due to their technical complexity and high issuance costs. To address the problem, this paper proposes a user-friendly NFT platform with a simplified issuance process. A home page is created to allow easy NFT issuance for anyone. These advancements are expected to foster the growth of the NFT market and facilitate the development of new business models.

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Web3 Business Model Innovation Approach and Cases of Korean Game Giants

  • Song, Minzheong
    • International Journal of Internet, Broadcasting and Communication
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    • v.16 no.1
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    • pp.241-252
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    • 2024
  • We analyze the types of Web3 business model innovation (BMI) of the six major Korean game companies by market size. As a result of the analysis, Nexon is watched as the adapter. It introduces blockchain (BC) layer 2, 'Polygon' to the extended ecosystem such as the creator's secondary creation, item utility, and compensation experience using the existing core intellectual property (IP). KakaoGames and Neowiz are watched as the adventurers. KakaoGames introduces BC layer 2, 'Polygon' and 'Near Protocol' to various experiments using tokenomics models in casual games and massively multiplayer online role-playing games (MMORPGs) using several existing popular IPs. Neowiz also introduces BC layer 2, 'Polygon' and 'Avalanche' to the IntellaX platform using existing game IPs. As the reinventor, Netmable positions as a game publisher that releases third-party games based on multi-chain infrastructure such as Klaytn, BNB Chain, Near Protocol, Aptos Foundation, and introduces BC to new core IPs. Finally, there are Wemade and Com2us as the mavericks. They aim to be the Web3 platform operators that create a BC layer 1 ecosystem and provide services that encompass BC games, GameFi, and non-fungible tokens (NFTs). Here are the implications of the four types of BMI. In terms of infrastructure, Nexon, KakaoGames, and Neowiz try to introduce a part of cross-chain, whereas Netmable tries to move toward a complete multi-chain strategy, and Wemade and Com2us also try to consider multi-chain, even if they have the full BC introduction. In terms of defending against market decline, Nexon and Netmable have a different position. Nexon which has a greater market dominance, only tries to continuously experiment, but Netmable is aggressively focusing on monetizing new products. Attacks on growth aspirations also show two different positions. KakaoGames and Neowiz only try to aggressively explore, while WeMade and Com2us try to set new standards for industrial innovation.

Hierarchical NFT using Parent-Child Structure

  • JongWook Bae;Nitin Bhagat;Su-Hyun Lee
    • Journal of the Korea Society of Computer and Information
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    • v.29 no.2
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    • pp.127-136
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    • 2024
  • This paper presents a novel method for minting hierarchical Non-Fungible Tokens(NFTs) via a parent-child structure. In contrast to existing NFT structures, our proposed model enables an NFT to act as a parent, creating child NFTs and distributing ownership stakes among them. These child NFTs are recursively structured, allowing them to generate their own descendants. The existing structure of NFTs does not inherently allow for fractional ownership. However, our proposed hierarchical model provides a feasible solution to this restriction. By dividing an NFT into multiple child NFTs, each with its own unique identity, we facilitate the detailed division of an asset, thereby making fractional ownership possible. In conclusion, the hierarchical NFT model proposed in this paper offers a promising solution to the challenges of fractional ownership in the digital asset arena. By enabling the detailed division of NFTs through a parent-child structure, we anticipate a future where digital assets can be owned and traded more flexibly and transparently.

NextAuction: A DID-based Robust Auction Service for Digital Contents

  • Lee, Young-Eun;Kim, Hye-Won;Lee, Myung-Joon
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.2
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    • pp.115-124
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    • 2022
  • In this paper, we present an NFT auction service for the next generation, named NextAuction, which can reliably trade ownership of individual content using DID technology. Recently, as the types and sizes of tradable digital assets have expanded, the number of NFT transactions has also increased, and a significant number of marketplaces are being operated. But, the current user authentication methods of NFT marketplaces are done only through the associated blockchain wallets. It is desirable that ownership transfer through NFT transactions be transparently managed based on a more reliable identity authentication service. NextAuction increases the reliability of auction service participants by transparently and consistently providing identity authentication for users of auction services based on the DID technique using the Klaytn blockchain. In addition, in preparation for server failure that may occur during the auction of individual content, it provides users with a robust auction service using the BR2K technique that continuously provides consistent service through the replication of a target service. The NextAuction service is developed by extending BCON, a blockchain-based content management service.