The Blockchain Art Collective Assigns Artworks Secure Identities

 - Sep 25, 2018
References: blockchainartcollective & nfcworld
The global art market is a multi-billion-dollar industry but it is fraught with fakes and forgeries—the Blockchain Art Collective is out to assist artists, collectors, dealers and others involved in the art world with its blockchain-based registry of original art. As part of this system, physical NFC tags are attached to the works themselves so that they can be easily scanned and identified.

Each work of art is assigned "a unique, tamper-evident and secure identity" so that anyone with the Blockchain Art Collective app can view the publicly registered information on the piece. With this system, greater trust is established between artists, institutions and the public, helping to reduce counterfeits, enforce artist rights, offer accessible records and more.