The use of blockchain data to establish provenance for artwork has attracted the attention of more than a few innovators and engineers in the space. Now, professional services firm Deloitte has unveiled its own approach to the use case.
Deloitte’s proof-of-concept, dubbed ‘ArtTracktive’, was developed by its Luxemourg office, and according to the firm, it seeks to provide a channel for distributed information sharing between artists, owners, galleries and anyone involved in the transportation of an artwork.
Patrick Laurent, a technology leader and partner for Deloitte, said in a statement:
The proof-of-concept was unveiled at the ICT Spring conference in Luxembourg, and comes amid a larger drive by the company to make public its efforts to develop the technology for business use.
In line with this, Deloitte recently unveiled a range of experiments using the technology during CoinDesk's Consensus 2016 blockchain conference in New York. At the time, it also revealed partnerships with industry startups BlockCypher, Bloq, ConsenSys Enterprise, Loyyal and Stellar.
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