THE CRYPTO PERIOD

BLOCKCHAIN PIONEERS ARE USHERING IN A NEW ERA FOR THE ART MARKET.

Leaders in humanitarian aid, finance, technology, and more have embraced the distributed ledger known as blockchain to bring transparency to their operations. The art world is experimenting with it as well, seeing the technology as a way to revolutionize how art is bought and sold, thwart fraud and tax evasion, and reduce friction during the auction process. Here are the many ways that buyers, sellers, and enterprising artists are embracing this new medium.