This document discusses blockchain and non-fungible tokens (NFTs). It provides examples of NFT use cases including digital art and assets. A case study of Bitscrunch, an NFT trading platform, is presented. Bitscrunch utilizes various technologies like AI and data analytics to provide services such as wash trade detection, price estimation, and portfolio tracking. NFT applications in education and the metaverse are also discussed. The talk concludes by emphasizing the growing role of virtual goods and digital ownership through NFTs.

1. Blockchain with NFT
ASST. PROF. DR. FERDIN JOE JOHN JOSEPH
THAI-NICHI INTERNATIONAL COLLEGE
THAI-NICHI INSTITUTE OF TECHNOLOGY, BANGKOK
Invited talk delivered to International Conference on Digital Government Technology and Innovation on 25 March, 2022

2. 5 Components of Blockchain
Distribution
Encryption
Immutability
Tokenization
Decentralization
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3. 3

4. Non Fungible Tokens (NFT)
 Digital assets in the form of jpg, gif, tweets etc
 Transactions in cryptocurrencies
 Provide digital ownership to owners
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5. Art or Asset?
 Asset class means user should be able to buy and sell
 Art class means it won’t have much liquidity
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6. Can you guess the price?
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7. Beeple’s NFT – Final Bid 69 million USD
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8. From Here….
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9. To here…
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10. Non Fungible Tokens (NFTs)
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11. NFTs in Thailand - Zipmex
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12. NFTs in Thailand – Bitkub
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13. Case Study: Bitscrunch
 Bitscrunch is an NFT trading platform
 It provides services related to NFT trading
 Not limited to just blockchain
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14. What they do?
 Combine various technologies to provide solutions
 Guardians of Blockchain and NFT ecosystems
Data
Analytics
AI
Security
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15. Services
Bitscrunch
Scour
Liquify
Unleash
NFTs
Crunch
Davinci
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16. Scour
 20% of the NFTs are affected by wash trading
 Scour is a wash trade detection tool
 Uses AI to detect spoofing transactions
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17. Liquify
 15% of NFT prices are inflated
 Fair price estimator tool
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18. Unleash NFT
 Dashboard for NFT portfolio tracker / analytics
 Uses AI powered by Kaggle grandmasters
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19. Unleash NFT - activities
 Blockchain-based real-time analytics of the different NFT collections
 Trends in wash trade
 Most traded NFT collection
 Primary and secondary list of each collection asset
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20. Crunch Davinci
 NFT forgery detection system
 Cracks through digital assets edited with software
 Disrupts the trust issues while buying NFT
 Ensures the originality of the digital asset
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21. NFTs for Metaverse
 Evolution of Technology – Need for Metaverse
Until 2010
Mobile Phones
Until 2020
Smart Phones
Current Decade
Virtual Reality
Augmented
Reality
Immersive Reality
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22. What are all in NFTs?
 Physical properties like real estate
 Physical artwork
 Properties used in a sport team
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23. When to experience or use NFTs?
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 Amalgamation of digital worlds

24. Metaverse classrooms
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25. Metaverse – NFT in classroom?
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26. Metaverse – NFT in classroom?
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Virtual Jackets
Virtual Artworks
Virtual Markers
Virtual fashion is
becoming ubiquitous

27. Thank You!
 Facebook, Linkedin, Github: ferdinjoe
 Youtube: ferdinspeaks
 Slides available in www.slideshare.net/ferdinjoe
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