Blockchain-based certificates of authenticity: secure storage and easy accessibility

The art market is grappling with critical challenges surrounding the authentication of artworks, especially impacting artists. A significant issue is the lack of transparency in the provenance of artworks, which leads to artists’ creations being stolen or counterfeited. Artists often face difficulties in proving the authenticity and history of their work, making it harder to protect their reputation and receive fair compensation.

Traditional methods of creating and managing authenticity certificates can be complicated and time-consuming, resulting in increased administrative costs for artists and galleries. This inefficiency can discourage artists from seeking certification, reducing their ability to authenticate and protect their creations.

Our client brings a unique combination of skills: as a professional asset manager, she deeply understands financial risks and the complexities of international transactions, and as an artist continuing her family’s tradition, she knows how important it is to protect authorship and prevent others from stealing or exploiting someone else’s work. The client trusted Innowise to create a solution to make authenticity verification simple, transparent, and accessible.