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- Christie’s means to put ownership certificates on the Base blockchain
- The certificates are linked to the “An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina ” collection
- The blockchain-based certificates are part of the art auction home’s objective to assistance blockchain adoption
Art auction home Christie’s hasactually divulged that it will put ownership certificates for its justrecently auctioned collection on the Base blockchain. The certificates are connected to the “An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina” collection auctioned on October 2. The art auction home keptinmind that the relocation is part of its objective to drive the adoption of blockchain innovation in the art market, something that increases its involvement in the NFT and blockchain area.
Shifting From Paper and Filing Cabinets
Christie’s will mint the certificates in collaboration with crypto wallet Kresus. Each digital certificate is a one-of-one representation of each of the collection’s 130 pieces. The certificates will assistance validate the collection’s owners.
According to Kresus creator Trevor Traina, storing art ownership certificates on the blockchain rather of in “paper type and in file cabinets,” enhances “the experience for collectors” and likewise supplies an improved virtual method to handle physical asse