Many of the issues around NFTs in are inherent of the platforms they are traded on, in particular, that these platforms cannot guarantee authenticity nor stop an item being ripped, cloned, duplicated and resold.
NINA Tokenplace was built from the ground up to combat the inherent security flaws found on incumbent NFT platforms, it is based on a DRM technology that embeds Certificates of Authenticity (CoA's) within the image, the platforms ledger, and on the blockchain ledger, which secures the original digital image, only allowing "the web viewing world" to see a lower resolution, and non-reversably decreased quality version of the original.
Only the certified owner has access to the original quality file, which is encrypted and secured on the blockchain, against their private keys. This means NFT artworks are safely stored. They cannot be duplicated or resold as authentic originals without the decryption key, platform access key and private key of the owner.
All creators on NINA Tokenplace undergo AML and KYC checks to ensure they are legal entities, whether as an individual or as an organisation.
NINA is a technology solution enabling digital creators to generate encrypted still and moving image files. Those files are suitable for being transacted using Non-Fungible Tokens (“NFT”) or in other ways.
Particularly if traded using NFTs, digital creators can benefit from a robust Digital Rights Management (“DRM”) solution to manage their artwork. But unlike traditional DRM platforms, NINA places this technology directly in the hands of each Creator.
In addition, the certification embedded into every NINA Digital Object ensures each file is proven as authentic regardless of the mechanism used for their commercial deployment (using NFTs or more traditional infrastructure or standards, whether community-supported or not).
The native encryption of NINA files makes them robust for storing and sharing using P2P networks and public cloud instances. No additional protection measures are required as the file contents are only unlocked by their legitimate owners using a Private Key. NINA files are neither a standard encrypted vault as the Public Key does not give access to the original image file.