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