ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Thursday Nov 23rd 2017
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Event

Submit an event for consideration on ETHNews

Submit Event

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Events
Contact Us

Art and the Blockchain: Bringing power back to the artists

By

Danielle

Meegan

WriterETHNews.com

With a simple timestamp, the blockchain can give a work of art a story.

It’s hard for an artist to get the credibility they deserve in today’s digital world.

One minute an image is created and shared on social media, and the next it’s copied by others. For hundreds of years artists have dealt with copycats stealing their work. Art historians still debate on the exact number of Leonardo da Vinci paintings, in fear that some are not authentic.

Now, artist’s work can be saved using the blockchain. With a smart contract, they can register their work on the permanent ledger and gain the copyright for their piece. Whether it’s physical or digital art, the artist will have complete control over the ownership. If someone attempts to copy the piece, both parties can use the blockchain to prove who created the artwork.

Even with the advantage of copyrighting their work, the blockchain offers more advantages to those involved in the art industry. One example would be using the blockchain to prevent a fake piece of art from getting into the hands of a collector or museum. If anyone wants to add a particular piece of art to their collection, they can check its authenticity using the technology without wasting any money. After all, finding out your Van Gogh or Rembrandt is a fake could prove to be pretty embarrassing and expensive.

The blockchain would remove the middleman within these dealings. By looking through the artwork’s smart contract, the buyer is granted access to its true past. In case of a mix-up, the smart contract could be used to show who transported the artwork.

A beneficial aspect of this technology is the prevention of art theft. By putting artwork on the blockchain, it is given an original serial number. Hundreds of paintings have been stolen or destroyed throughout history. Over time these pieces have popped up causing art historians, restoration artists and scientists to go over every thread on the canvas just to prove its the real one. If a painting or sculpture is stolen and then returned, researchers can check the ledger to verify its genuineness.

However, this would only work for new artworks or ones that are currently hanging in a museum. Since the blockchain has not been around since the Renaissance or the Dutch Golden Age, researchers must use the long way to verify paintings.

If Raphael's Portrait of a Young Man, one of the most famous paintings stolen during World War II, or Johannes Vermeer’s The Concert, stolen during the 1990 Isabella Stewart Gardner Museum heist, were to find their way back into the public, checking its authenticity would take time.

The blockchain would provide correct information on stolen artwork, such as its original owners. In occupied France during World War II, the Nazis stole massive amounts of art collections. These artworks were stored in the Galerie nationale du Jeu de Paume in Paris where Rose Valland, a French art historian, worked. Valland was known for secretly recording artist and location information on more than 20,000 artworks.

Valland’s archives are very similar in the way the blockchain can return a piece of art to its rightful owner. The blockchain not only empowers the artist, but gives their art a life it never had before. Each piece would be able to tell its story through the public ledger.

Danielle Meegan

New Hampshire native, Danielle Meegan, is a writer based in Los Angeles. She has been published in a couple of sports and entertainment magazines and newspapers throughout the years and has dabbled with multiple virtual currency exchanges to understand the 'ins and outs' of trading. Danielle has invested in over 15 different virtual currencies, including Ether.

ETHNews is commited to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest art, blockchain or other Ethereum lifestyle news.