LEVERAGING ENS DOMAINS AND NFTS FOR INTEGRATED BUSINESS ENTITIES: A PARADIGM SHIFT IN DIGITAL ASSETS MANAGEMENT

Abstract

The rise of blockchain technology and decentralized economies has revolutionized digital asset management and monetization. This article introduces a novel strategy that utilizes Ethereum Name Service (ENS) domains, Non-Fungible Tokens (NFTs), and decentralized technology to facilitate privacy-focused data sharing in AI applications. This integration redefines digital asset management by linking NFT-backed business entities to ENS domains. Entrepreneurs, researchers, and innovators can consolidate their earnings, intellectual property, and data assets into a single cryptocurrency wallet, simplifying ownership, accessibility, and monetization. This system fosters collaboration, value creation, and efficient data management, sharing, and AI techniques, leading to streamlined operations, reduced costs, and improved security. We examine a real-world application to demonstrate its practical implications, showcasing its potential to revolutionize business entities and digital asset management in AI and data sharing.