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#blockchain

22 posts14 participants2 posts today
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Terence Eden’s Blog

How I became Leonardo da Vinci on the Blockchain

shkspr.mobi/blog/2018/06/how-i

Yesterday at the CogX conference, I sat in a room listening to companies pitch their blockchain based startups. Because I hate myself.

One in particular caught my attention. On the surface it seems to solve an important economic problem - art forgery and provenance.

By putting your artwork on the "BitCoin Blockchain", Verisart will ✨hand wavy magic✨ increase the trust in art dealers and reduce fraud.

That's a pretty neat idea. A distributed public ledger of who I have sold my art to. And, if they sell it, they have a cryptographically signed certificate proving its provenance. The seller can sign the certificate with their private key to say they've sold it to the new owner of a specific public key. Nifty!

Except… and I hate to bring the art industry into disrepute… what if I sell a fake and keep the original in my Underground Vault?

There's no way to permanently attach a digital certificate to a physical work of art.

Incidentally, this is the problem with all the startups claiming the blockchain will revolutionise the integrity of global logistics markets. Sure, you can slap a QR code on a crate - but nothing stops an unscrupulous middle-man from replacing or adulterating the contents of the crate.

Let's get back to Verisart's other issue. Proving that I am the creator or owner of a piece of artwork.

Long story short, I convinced them that I painted the Mona Lisa. An excellent situationalist prank. Much avant-garde, so postmodernism.

For this "proof" I provided Verisart with...

  • An email address
  • A photo of the Mona Lisa from Wikipedia
  • …
  • Er…
  • That's it!

That was all that was required. I didn't have to provide them with a public key, a certified copy of my passport, a high resolution copy of the artwork. Nothing.

Because the blockchain is immutable, that "proof" is there forever now. You mustn't make mistakes when irrevocably signing something.

So, what does this mean? Can I waltz into the Louvre and ask for "my" painting back?

No, obviously not. Not even a moron in a hurry would think that I was a time traveller or that I owned the most famous portrait in Europe.

But, if it is certified on the blockchain, it must be true!

I'm sure there are many sensible uses for this technology. I'm also sure there are many investors who will throw money at any pitch which contains the right buzzwords.

It's almost as if we can't just throw technology at the social problem of trust…

Terence Eden is on Mastodon

@edent

I don't understand the blockchain hype.
A startup has certified my artwork & placed their verification on the bitcoin blockchain.
Now art dealers & auctioneers can feel secure that I am the original artist.

One small problem… I am not Leonardo da Vinci!
verisart.com/works/23f2c64a…

❤️ 2,368💬 112🔁 018:55 - Mon 11 June 2018

Terence Eden’s Blog · How I became Leonardo da Vinci on the Blockchain
More from Terence Eden
#art#blockchain#satire
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TANGO EU

🔍 𝐍𝐞𝐰 𝐚𝐫𝐭𝐢𝐜𝐥𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐓𝐀𝐍𝐆𝐎 𝐰𝐞𝐛𝐬𝐢𝐭𝐞 – 𝐓𝐡𝐞 𝐬𝐞𝐜𝐨𝐧𝐝 𝐖𝐏 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 𝐈𝐧𝐭𝐞𝐫𝐯𝐢𝐞𝐰 𝐢𝐬 𝐨𝐧𝐥𝐢𝐧𝐞!

👉 Dive into the full interview to explore the technologies and challenges behind TANGO’s privacy-by-design approach:
📖 tango-project.eu/articles/tang

#TANGOproject#HorizonEU#DataPrivacy
Public
Alo Japan

alojapan.com/1295717/japan-fli Japan Flirts With Digital Currency as Cash Loses Its Crown #BankOfJapan #blockchain #CBDC #DigitalCurrency #DigitalPayments #DigitalTransformation #International #Japan #JapanNews #JapanTopics #news #PYMNTSNews #What'sHot The Bank of Japan (BOJ), Japan’s central bank, is reportedly looking to digital currencies as its citizens go cashless. While the country has long adhered to a “cash is king” ethos, the share of cashless payments in Japan ju…

Japan Flirts With Digital Currency as Cash Loses Its Crown
Public
DJM (freelance for hire)

SEC Chair Paul Atkins stated in a speech yesterday that “blockchains, of course, are a very creative and potentially revolutionary innovation that have us rethinking evidence of ownership and transfer of intellectual and economic property rights.”

sec.gov/newsroom/speeches-stat

It's 2025. And people still ignore that a #Blockchain is just a glorified spreadsheet that adds no meaningful value to anything...

www.sec.govSEC.gov | Remarks at the Crypto Task Force Roundtable on Decentralized FinanceRemarks at the Crypto Task Force Roundtable on Decentralized Finance Paul S. Atkins, Chairman Washington, D.C. | June 9, 2025
Public
Simon D.

Maintenant que les avides sans éthique sont tournés vers l' #IA, on peut à nouveau parler #blockchain ou #quantumcomputing sérieusement... on reparlera de réseau de neurones et d'algorithmes d'apprentissage plus tard, quand la roue du capital risk aura tourné.

Remarquons qu'il n'y a pas moyen de parler de NFT sérieusement, mais je trouve éloquent de constater que des hommes sérieux, en costard et avec des millions dans les poches, en aient acheté des NFT.

Toute cette énergie perdue en buzz et en couverture de faits divers autour du buzz... tant de bruit pour si peu de signal.

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