Without a doubt, one of the most discussed topics in the current Art Market discourse is the emergence of blockchain-based systems that have the potential to drastically transform how the market operates. From distributed ownership models to digitized provenance to the elimination of entire sectors of current art dealership frameworks, blockchain - *as a hypothetical* - must be encountered as a profound agent of disruption for all aspects of art. But, is the Art Market ready for blockchain - is blockchain as a technology mature enough to restabilize that which it would affect if it were adopted? Caravan takes a look at the basics of how blockchain operates - and how it could or could not work as a fundamental structure for art ownership and sales - in this comprehensive new whitepaper.
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