The Artory Registry Blockchain for the Art World The Registry is the industry’s first object-oriented, public database. Leveraging Ethereum blockchain, it tracks provenance and title, and distinguishes trusted from non- trusted data for the first time ever.
The AIS Solution “A common language across the art sector to uniquely identify an artwork and capture its lifecycle improves the fluidity of exchanges” – The AIS Manifesto • Having a standardized ID system can help protect information, raise artwork value, and empower the artists that make the artworks we cherish. • By introducing an industry standard, more institutions can leverage the blockchain and benefit from digital inventory/ collection management systems. • Information becomes more transparent, trusted, and secure – ultimately adding value. • Added benefits across the market, including digitization of certificates (Authenticity, Sale, Ownership, etc.) • Artists will be able to better track artworks as they move hands for royalty payments and exhibitions.
The Artory Price Database • In addition to vetted objects—including never- before publicly-recorded private sales—the Artory database contains millions of public sales records • These come from a data acquisition of over 40 million auction transactions—previously Auction Club • These data are central to the Art Basel + UBS Art Market Report done by Dr. Clare McAndrew to create the most trusted analysis of the art market
The Artory OMS • Artory uses an innovative “Object Matching System” that sifts through the millions of historical transaction records looking for duplicate information and provenance/price data that refers to the same object. • The system ultimately aggregates all information about the artwork into one record on Artory. • By implementing AIS in the art market, duplicate and repeated information is easier to identify, making information stronger, more accurate, and easier to interpret for researchers and collectors.
Thank You! We invite you all to register on Artory today to begin the process and secure your artwork information through our partner, the leading appraisal firm Winston Art Group. Galleries and other art institutions are encouraged to apply for partnership to use Artory for both their clients and other internal purposes. www.artory .com
Recommend
More recommend