Art on the Block: Christie’s Big Bet on Blockchain

Last month in New York City, legendary auction house, Christie’s, set a world record by fetching $323.1 million for the Ebsworth Collection.
Not only did the auction shatter records for the highest prices ever secured for a collection as well as for 13 individual artists, but it also was the first art sale of this magnitude recorded on the blockchain. Partnering with Artory, a blockchain-based registry that tracks provenance for art and collectibles, Christie’s is leading the way in bringing mass adoption of the blockchain to the art world.
Not only did the auction shatter records for the highest prices ever secured for a collection as well as for 13 individual artists, but it also was the first art sale of this magnitude recorded on the blockchain. Partnering with Artory, a blockchain-based registry that tracks provenance for art and collectibles, Christie’s is leading the way in bringing mass adoption of the blockchain to the art world.
Category:
Blockchain
Date: 14.12.2018 15:26