Cryptocurrencies including bitcoin are increasingly used to buy art. Blockchain, the technology underlying them, also interests the art world. Illustration: Henry Wong
Cryptocurrencies including bitcoin are increasingly used to buy art. Blockchain, the technology underlying them, also interests the art world. Illustration: Henry Wong
Bitcoin

Buying art with bitcoin, authenticating it with blockchain – art world cottons on to cryptocurrencies

The art world sees trading art using cryptocurrencies as a way to draw in tech-savvy new collectors, and blockchain both as a way to guarantee artworks’ provenance and sellers’ ownership of them, and to raise funds from investors

Cryptocurrencies including bitcoin are increasingly used to buy art. Blockchain, the technology underlying them, also interests the art world. Illustration: Henry Wong
Cryptocurrencies including bitcoin are increasingly used to buy art. Blockchain, the technology underlying them, also interests the art world. Illustration: Henry Wong
READ FULL ARTICLE