“The world would be a much better place if everyone made art and no one worked.”
King Julien of “Madagascar”
This vision of children’s cartoon hero, King Julien of the lemurs, might be fanciful, but he’s on to something. New technology is helping art professionals to work less and more efficiently when it comes to provenance, authenticity, and investment.
While we’ve been going about our busy lives, over the past few years a quiet revolution has been brewing in the art world thanks to blockchain, the system of decentralized digital ledgers originally created nine years ago to power the controversial and volatile crypto-currency, Bitcoin, which has been creating a ruckus in recent weeks.