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Blockchain Based Transaction System with NFT

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Blockchain Based Transaction System with NFT ( blockchain-based-transaction-system-with-nft )

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Sensors 2021, 21, 3822 29 of 32 No absolute performance related reasons for choosing one implementation over the other were found, and the choice of implementation will thus depend on the specific use case. Author Contributions: Conceptualization, N.K.; Investigation, N.K.; Methodology, N.K.; Software, N.K.; Supervision, A.C. and C.R.; Validation, N.K.; Visualization, N.K.; Writing—original draft, N.K.; Writing—review & editing, N.K. All authors have read and agreed to the published version of the manuscript. Funding: This research was funded by the Project no 267967: Energix of NFR (Norwegian Re- search Council). Conflicts of Interest: The authors declare no conflict of interest. Nomenclature 01. EUnit 02. EVUnit 03. InUnit 04. GaUnit 05. StUnit 06. EStUnit 07. NFT Create 08. NFT Bid 09. NFT Transfer 10. NFT Redeem 11. NFT Read 12. NFT BulkRead 13. FT Create 14. FT ReCreate 15. FT Bid 16. FT Transfer 17. FT ReTransfer 18. FT Redeem 19. FT Read Abbreviations energy tokens for transacting renewable energy between prosumers energy tokens for battery charging transactions between prosumers and electric vehicle owners reward tokens offered to prosumers by the Power Company for tasks such as consumption estimation reward tokens offered to prosumers by the Power Company for energy flexibility in a gamified context energy storage tokens for managing the community level energy storage transactions reward tokens for managing the use of EV batteries as energy storage Create operation for non fungible tokens Bid operation used by a buyer to place a bid on a non fungible token Transfer operation used by seller to transfer value to buyer for non fungible tokens Redeem operation for non fungible tokens Read operation to return a single non fungible token Read operation to return multiple non fungible tokens Create operation involving creating a new fungible token and setting a token level endorsement policy Create operation involving update to an existing fungible token and no setting of token level endorsement policy Bid operation used by a buyer to place a bid on a fungible token. Transfer operation used by seller to transfer value to multiple buyers by creating new fungible tokens Transfer operation used by seller to transfer value to multiple buyers by adding value to existing fungible tokens Redeem operation for fungible tokens Read operation to return a single token for fungible tokens The following abbreviations are used in this manuscript: FT Fungible Tokens NFT Non Fungible Tokens EV Electric Vehicle VM Virtual Machine OSN Ordering Service Nodes TPS Transactions Per Second QL Queue Length SR Send Rate (TPS) MVCC Multi version concurrency control IIoT Industrial Internet of Things

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