Abstract

NFT could be defined as a set of encrypted data, recorded on a blockchain, containing unique, non-alterable and noninterchangeable information, capable of uniquely certifying a digital object. The digitalization of physical works of art, with the simultaneous creation of an NFT certifying the ownership and the uniqueness of the same and the creation of so-called native digital works, which are encapsulated in an NFT are becoming widespread. In the context of the art market, NFT bring advantages as long as they make it possible to trace and facilitate transfers of ownership of the work of art and to certify its authenticity. NFT can also be used as a source of financing. Indeed, the tokenization of artistic assets makes it possible to split the ownership of a work of art. The physical work remains intact, while multiple NFT are created for each portion of ownership.