Artworks are reflections of people's culture, ideas and history, and art is an integral part of society as a whole. Collectors know the value of art, and they pay handsomely for pieces that interest them—whether in true appreciation or as a form of investment.
Hence, it is of high importance that the authenticity of art pieces be properly tracked and for a registry of ownership be immutably recorded. And this is why blockchain solutions are now being used to address these concerns.
ITSEC R&D (IT Security Research and Development) founder Michal Leszczynski explained how blockchain solutions figure into the art industry when he delivered his speech at the BSV Global Blockchain Convention in Dubai in May. Leszczynski spoke about how the Art enRoll app, equipped with APIs to connect with the BSV blockchain and built on chain through UNISOT integration, may solve lingering issues in the art industry.