How Blockchain Tech is Inspiring the Art World

louise123

sr. member

Activity: 462

Merit: 250

Quote from: Coinbuddy on May 15, 2015, 06:33:05 AM

Since its creation in 2009, bitcoin's blockchain has proved that value can be moved across a network that cuts out the traditional 'middle men'.

While the broad strokes of distributed ledger technologies like bitcoin are a hot topic, it's not just Wall Street or multi-national corporations that are paying attention.

Artists are also exploring how the experimental technology can provide new ways to track and verify ownership through tools like smart contracts – authenticated by cryptographic data.

Read full: http://www.coindesk.com/blockchain-technology-inspiring-art/

That's really nice.
Thanks for the news.

I have one question for you:
Do you ever post anything else other than articles from coindesk?
Do you work for them or something?

neoneros

sr. member

Activity: 462

Merit: 250

I can draw your avatar!

So if I understand it correct, it is basicly for transfering artwork licensing, but how do you link that to the artwork itself without incorporationg it into the art? If these are still seperate, I could have an official license but still a forgery or copy instead of an original. How do you put physical objects into the blockchain?

It could work if every transaction and every ownership will always put inside the blockchain, tracking where a piece of art and it's ownership lies, but this is not maintainable if not everybody is into it, If you give away your art as a gift, but do not give away the license or put it in the transaction ledger, the system is broken.

Coinbuddy

hero member

Activity: 896

Merit: 1000

Since its creation in 2009, bitcoin's blockchain has proved that value can be moved across a network that cuts out the traditional 'middle men'.

While the broad strokes of distributed ledger technologies like bitcoin are a hot topic, it's not just Wall Street or multi-national corporations that are paying attention.

Artists are also exploring how the experimental technology can provide new ways to track and verify ownership through tools like smart contracts – authenticated by cryptographic data.

Read full: http://www.coindesk.com/blockchain-technology-inspiring-art/

Topic: How Blockchain Tech is Inspiring the Art World (Read 443 times)