Abstract

The present disclosure provides a method and validation system for providing validation services to a customer during purchase of NFT. The method includes receiving request from the customer for validating the seller of the NFT. The NFT is created for a digital good. The method includes obtaining information of the seller and creator of the digital good from a contract and validates the seller and the creator. The method includes utilizing transaction history of the seller and creator information which is stored in a registry for validating. Upon validation, the method includes providing seller score for the seller. Also, the method includes informing the customer that the creator is a valid creator of the digital good. The customer based on the seller score and the validation may purchase the NFT from the seller. Thus, the method of present disclosure provides confidence to the customer during the purchase of the NFT and also helps in growth/adoption of the NFTs.

Creative Commons License

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.

Share

COinS