Welcome to the new standard of authenticity, provenance, and art asset management for artists and arts institutions.
In 2009, blockchain technology was brought into the world by a man about whom we know very little – Satoshi Nakomoto. A presumed Japanese citizen he is the famed inventor of Bitcoin, the cryptocurrency. A by-product of this invention was blockchain technology, which is now used extensively in a range of industrial applications.
Rather recently, the art world began to take note of blockchain technology and started manipulating it to drive their solutions for some of the common problems which plague artists, collectors and other institutions in the art world.
One of the primary and most fundamental issues this technology is addressing is that of provenance and authenticity. It is also a vital element in the protection of digital artworks, an increasingly essential requirement with the rise in new media art forms like AR/VR or even video/photo-based works.
The intervention of blockchain is also opening up an entirely new market of crypto-art and digital collectibles, which create new opportunities for both the creators and consumers of art, namely artists and collectors, both individual and institutional.
Blockchain also allows for buyers to own shares of artworks. This fractional ownership results in a more transparent market, eliminates intermediaries and make highly expensive artworks more accessible and therefore more liquid.
The Blockchain Art Collective (BAC) platform provides unprecedented authentication, provenance tracking, and collections management for physical artwork, artifacts, and rare collectible items.
BAC leverages new technologies including blockchain and Internet of Things (IoT) to provide these services to living artists and artists representatives such as dealers and artist estates, as well as museums and auction houses.
The company offers the patented Blockchain Art Certificate of Authenticity (COA), which is a tamper-evident, NFC-enabled, blockchain-backed seal. Once a COA is connected to an artwork, all of the artwork’s data can be registered on a permissioned blockchain, thus, uniquely securing, time-stamping, and aggregating provenance records for that individual artwork over time.
BAC brings new value to the art world by combining the functions of the artist’s signature, a certificate of authenticity, and a catalogue raisonné into a single, secured identity that stays with an artwork over the course of its life in an accessible manner to artists, collectors, and arts institutions.
Artists and Artist Representatives can start using the Blockchain Art Platform today!
Everyone who purchases original paintings by the artist Nata Shemshur receives will receive the Blockchain Art Certificate of Authenticity
“Live for what’s worth dying for, and leverage technology to create the world you wish to see.” –Gandhi.
Your message has been sent
Art is life 
Leave a comment