IoT Security Concerns with Non-Fungible Tokens: A Review
Ashwag Alotaibi, Huda Aldawghan, M. M. Hafizur Rahman
Abstract
This study summarizes the body of research on the IoT and NFTs overlap, highlighting important security concerns, the function of blockchain technology, and implications for future study and smart environment applications. IoT devices provide creative solutions that boost operational effectiveness and enhance user experiences as they spread throughout different sectors. But there are also serious drawbacks to this expansion, especially in terms of security and privacy. At the same time, NFTs unique digital assets verified by blockchain technology—have become extremely popular because of their unique features and wide range of uses. This paper carefully looks at how security frameworks in digital ecosystems may be impacted by the integration of IoT and NFTs. The results emphasize how urgently this integration must be studied further to minimize new risks and maximize the advantages of IoT and NFTs across a variety of sectors. The study intends to contribute to a more secure and effective IoT ecosystem by examining the difficulties presented by this integration. Contributing to the development of a more robust and secure IoT ecosystem is the ultimate aim of this research. This study aims to open the door for future developments that optimize the benefits between the two technologies while reducing risks by recognizing and evaluating the difficulties brought about by the integration of IoT and NFTs. Both academics and industry stakeholders navigating the rapidly changing IoT and blockchain world will find great significance in the results of this research.