RT @OpenLawOfficial: Modernizing Art with Blockchains - A look at how you can have fractional ownership of creative works, tokenize IP-licenses, and have smart contract-powered royalty payments using @OpenLawOfficialhttps://t.co/kyd3AzW3If
#ethereum #legaltech #artists #smartcontracts
Blockchains have interesting use cases for artists and the art industry alike. Any investor who has explored the art market will know exactly how important art provenance is when they look to invest in a painting or a sculpture. Blockchain can make the marketplace safer. One of the art market’s greatest challenges for works where the artist is no longer alive is to verify its authenticity and provenance.