A Tech Startup Is Trying to Catalogue Every Piece of Art on the Market
James Tarmy | Bloomberg | 22nd July 2018
Blockchain technology facilitates the decentralized, tamperproof storage of information. Technology providers want to use it to improve transparency in the art market. Implementation will not be easy – apparently few galleries are interested. However, if art is viewed as an asset class, won’t buyers want transactions efficiency comparable to that which they enjoy in other markets?