News Articles Library Event Photos Contact Search

Thursday, March 22, 2018

How the Revolutionary Technology Behind Bitcoin Could Change the Art Market

Blockchain.jpg Blockchain.jpg

Blockchain technology has the potential to improve transparency, copyright, and ownership issues. A blockchain acts as a public database on which transactions are permanently recorded, is highly secure, and eliminates the need for a third party to verify a transaction, thus reducing transaction costs. In the art world, blockchain technology may overcome the challenge of transparency.

Additional Info