By block chain, the parties may obtain a transparent and reliable unified information platform to confirm copyright works belong to the protection of copyright works, and check the information and status of a work, so as to ensure effective trading. In addition, if there are problems, the buyer can also track the entire process of production and transportation of works of art, and demonstrate and track become clearer and easier. This is important for the art market.
The establishment of a reliable market
block chain has several features, such as transparency, they can query through open interfaces chain data, and even the development of related applications; privacy, namely the use of encryption technology, the user's identity or other personal information information can be better protected; intelligent, smart contract that is deployed on the block chain, not only can guarantee store, read, and implementation more transparent and open, but also to ensure the efficient operation of intelligent and practical execution of the contract.
The block-based chain http://www.gendan5.com/digitalcurrency/btc.html constructed environment of trust and security, on the one hand buyers can buy with confidence, on the other hand sellers can sell with confidence. When the block chain of trust mechanism to reassure the public consumption of art on the block chain, so they can freely and effectively purchase the works of any other artist in any country or region in the world. Art assets may be in circulation throughout the world, Chinese artists will be shared with more people around the world. China's art market is not only the Chinese art market, and the global art market will flourish. Supply side in art, block chain can provide many benefits for the art market participants.
By block chain technology, artists or art organizations can confirm that digital copyright works, track its use, to achieve distribution of benefits. And monetization digital artwork by block chain technique and free flow in the secondary market. At the same time, it is possible to reach an agreement in the smart contract. Under what conditions can change the ownership of works of art. Of course, the benefits of block chain on the art market far more than transparency ratings, and share the benefits of this knowledge in this field These benefits include the identification of art, and even brought a new breakthrough for a number of works of art and business applications and new models.
There are still many technical difficulties in landing
when this technology is applied to the art market, it has brought many positive developments will affect the art market. Of course, this positive effect is not immediate. Since the block chain technology is still in the early stages of development, technology is not mature, there are still risks in asset management, messaging and security. At the same time, it also faces challenges. Technical problems, block chain need to deploy smart grid facilities; physical limitations, although the block chain can guarantee the transaction, but transmission between nodes still need to be maintained by everyone.
Therefore, the art market in the practical application of this technology has many difficulties. There are many concepts about the block chain, but the lack of conditions for landing. The biggest challenge in the art market application block chain technology is difficult to understand industry practitioners are aware of the importance of the block chain. However, this technology can be used to address to improve efficiency, reduce costs, improve security, and improve return on the urgent need? If not, it's probably just a handful of entertainment. In practice, it remains to be seen whether the block chain really has a catalytic and positive impact on the development of the art market. Under the block chain, employing all future art industry are based on block-based chain. With the development of the block chain, improve and mature, the art market will continue to grow with the help of this technology, development and growth.