Abstract

With the continuous development of blockchain technology and the epidemic situation, the offline art market continues to decline. At the same time, the popularity of the nft market has attracted the attention of many art lovers. For this article, focusing on the combination of nft technology and art, this paper hope to solve various problems in the current market of nft art transactions through this introduction. The article is mainly divided into four parts. The first part describes the overview of blockchain development and the Chinese government's promotion of blockchain technology development. And introduce other literatures that focus on nft technology. The second part describes the current market structure and selects the first industry as the case. The third part uses swot analysis to analyze the feasibility of this technology in the market. The fourth part proposes the concept of 'a blockchain based digital artwork rights confirmation and circulation system' as a solution to the problem based on the above contents.

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