EVERLEDGER: BLOCKCHAIN TECHNOLOGY FOR ART WORLD

Everledger, an independent emerging technology enterprise, and The True Image Solution Ltd (TIS), a leading research company on evaluation and restoration of cultural heritage objects, have today announced a collaboration to combine blockchain technology with forensic artwork reporting.

This was announced at the 2nd International Workshop on ‘Analysing Art: New Technologies - New Applications’ held at The State Russian Museum in St Petersburg this week. The venue houses famous masterpieces such as Kazimir Malevich’s Black Square, Ivan Aivazovsk’s The Ninth Wave and Karl Bryullov’s The Last Day of Pompeii.

In a major breakthrough in fine art authentication, Everledger has developed a blockchain-based platform to digitally issue and manage forensic reports from TIS.

Everledger, an independent emerging technology enterprise, and The True Image Solution Ltd (TIS), a leading research company on evaluation and restoration of cultural heritage objects, have today announced a collaboration to combine blockchain technology with forensic artwork reporting.

This was announced at the 2nd International Workshop on ‘Analysing Art: New Technologies - New Applications’ held at The State Russian Museum in St Petersburg this week. The venue houses famous masterpieces such as Kazimir Malevich’s Black Square, Ivan Aivazovsk’s The Ninth Wave and Karl Bryullov’s The Last Day of Pompeii.

In a major breakthrough in fine art authentication, Everledger has developed a blockchain-based platform to digitally issue and manage forensic reports from TIS. These forensic reports ascertain the validity and authenticity of artwork using a number of different techniques including digital radiography and infrared photography.

This solves a major challenge in the world of fine art where pieces are assessed for their authenticity every time there is a valuation or transaction, often by experts who have to travel to the artwork. There is currently no trusted ledger to record, or access the data supporting an artwork’s existence or authenticity.

To read the complete article, see:
Everledger and TIS drive new breakthrough standard in fine art authentication (http://artdaily.com/news/106489/Everledger-and-TIS-drive-new-breakthrough-standard-in-fine-art-authentication#.W1rl0dJKiAs)

To read the earlier E-Sylum articles, see:
BRONZECHAIN: NEW HALLMARK FOR BRONZE (http://www.coinbooks.org/v21/esylum_v21n15a39.html)
LIVEAUCTIONEERS ADDS BLOCKCHAIN PROVENANCE (http://www.coinbooks.org/v21/esylum_v21n05a25.html)
ROYAL MINT PLANS GOLD-TRACKING BLOCKCHAIN (http://www.coinbooks.org/v20/esylum_v20n45a35.html)

Wayne Homren, Editor

	NBS (coinbooks.org) Web