How is blockchain technology changing the art world?

Everything in the world has become more digital. The art world is also progressing slowly with this innovation. The adoption of blockchain technology can transform the industry in unprecedented and powerful ways.

One of the art industry's greatest challenges is uncovering the truth and history of the works left by dead artists to the world.

So two things are important when selling your business. Is this work real? Do you have the right to sell to the seller? This problem is especially evident when the artist's foundation is unable to identify his work.

Therefore, the introduction of Distributed Technology (DLT) is very important to many people who believe that these technologies will have a significant impact on evidence and capacity. These technologies allow anyone to share information, sometimes requiring permission, and sometimes turning it into a list of public documents.

This data is bound and protected by encryption, and the key to DLT is its distribution. The principle of keeping data on millions of computers at the same time cannot be accessed or destroyed by hackers.

Hence, it is considered to be the safest way to transfer digital data as it allows anyone to track and trace all the changes they make online, anytime, anywhere.

DLT technology enables transparent resolution and exchange of business and environmental concerns, membership and origin traceability, and provides infrastructure development for the tokenization of the sale of works of art, artists and certain art forms.

This is why NFTs (also known as digital collectibles in China) have become a big news in 2021 because they are based on Distributed Information Technology (DLT).

So why the Chinese? This is especially true due to the simple adoption of various technologies in art and artifacts.

For example, over the past decade, some cinemas and academies have become more prosperous and prosperous, building a strong digital presence and using cutting edge technology.

For example, the National Palace Museum in Beijing offers a virtual tour of the past and present on its website.

In reality,According to Xinhua, by 2020, more than 2,000 museums in China will offer digital presentations online, attracting more than 5 billion visitors.

The Museum of Hubei Province, China has digitized famous Vietnamese swords and sold 10,000 digital swords. These digital knives come with a 3D model, so customers can view details and rotate.

AntChain from Ant Group should be mentioned in this area. In October 2021, AntChain announced a "treasure trove" using blockchain technology to help industry culture and industry support cultural development through digital writing.

Currently, many museums and art galleries, such as the National Palace Museum, Hunan Provincial Museum, and Chengdu Museum, use this equipment to digitize and store long-term related artifacts.

Integration with new technologies such as 3D modeling, augmented reality and the Internet of Things (IoT) to provide consumers with more interactive content, allowing them to engage in art during their visit.

At the same time, the Alipay mobile payment platform is also helping to improve the services offered by the museum.

About 2,000 museums in China have set up their own small campaigns in the Alipay app to provide additional services such as online registration for museum tours and online shopping for gift purchases.

Overall, new technology has transformed the museum, attracting thousands of new users through the fascinating digital exhibits and interactive interface.

New developments will not stop and the future will be easier and more secure.