Dynamic Spectrum Sharing can enhance spectrum resource utilization by promoting the dynamic distribution of spectrum resources. However, to effectively implement dynamic spectrum resource allocation, certain mechanisms are needed to incentivize primary users to proactively share their spectrum resources. This paper, based on the ERC404 standard and integrating Non-Fungible Token and Fungible Token technologies, proposes a spectrum securitization model to incentivize spectrum resource sharing and implements it on the Ethereum test net.
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