Auction House Christie’s to Offer Blockchain-Based Ownership Certificates for Photography Collection
The highly anticipated auction of “An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina” is set to take place on Wednesday at the prestigious Rockefeller Center in New York City. This unique event will feature 130 lots of exquisite photographs, with each lot receiving a digital certificate of ownership.
What sets this auction apart is the issuance of digital certificates for each of the 130 lots. These ownership certificates will be minted on Base, the Ethereum layer-2 blockchain developed by Coinbase (COIN). This innovative approach adds a new level of transparency and security to the auction process, ensuring the authenticity and provenance of each photograph.
The use of blockchain technology in the art world is becoming increasingly common, with many artists and collectors turning to digital certificates to verify the authenticity of their works. By leveraging the power of blockchain, the auction house is not only modernizing its operations but also providing peace of mind to buyers and sellers alike.
Don’t miss this groundbreaking auction event at the Rockefeller Center, where art and technology converge to create a truly unique experience. Stay tuned for updates on the auction results and the impact of digital certificates on the art market.
