Today the art market represents more than 14.58 billion euros in transactions. Most works of art have an extrinsic value, which is mainly based on the certificate of authenticity provided by third parties: the artist himself, but also gallery owners, art dealers, auctioneers, museum curators, and private experts. However, according to Bloomberg, nearly 10% of the value of transactions on the art market comes from forgeries.
If you are wondering who is the mysterious creator of Bitcoin who owns 1000000 BTC (!), in this article we are going to see why it doesn’t matter who that person is. [...]
A blockchain is a database accessible to people all over the world and operating without a trusted third party. It uses advanced cryptographic techniques to reward those who process and secure this data (in the case of Proof-of-Work). Since the Ethereum blockchain, this database has become programmable with the implementation of Smart-Contracts, decentralized applications (Dapps), and decentralized organizations (DAOs).