My fellowship focuses on standardizing Non-Fungible Tokens (NFTs) for sustainable asset management, addressing gaps in digital asset representation, regulatory clarity, and ESG alignment. It supports innovation, transparency, and interoperability in tokenized real-world assets (RWAs), in line with EU priorities.
Current NFT-based RWA systems lack harmonised frameworks, causing fragmentation in asset tracking, legal recognition, and compliance. This hinders adoption across supply chains, carbon markets, and IP management. My project proposes a cross-industry standard to ensure interoperability, regulatory alignment, and lifecycle transparency.
In this sense, the there are two major priorities for this action, including:
Standardized Multi-Asset Tokenization that enables NFT-based tracking of physical, environmental, and intangible assets. It also enhances lifecycle transparency, supports the circular economy, and ensures blockchain interoperability.
Digital Product Passport (DPP) to align NFTs with DPP for end-to-end traceability, compliance, and ESG reporting.This strengthens supply chain transparency and EU circular economy goals.
The key Challenges related to my activity are:
Regulatory Uncertainty: Lack of clear NFT standards impedes legal and policy alignment. This initiative ensures conformity with EU law and ISO.
Adoption Barriers: Fragmented governance limits integration. Standardisation enhances technical and regulatory trust.
Sustainability Concerns: Energy-intensive DLTs are problematic. This activity promotes efficient models aligned with the Green Deal.
Consequently, this project positions Europe as a leader in NFT standardisation, fostering secure, compliant, and sustainable digital ecosystems.