ARTW- Art World

  Blockchain technology and arts play jointly towards the realization of human id eals and stand to bring radical architectural change to the world. Beginning with the financial system and current creative industries. Both have a positive influence and play a critical role in cultural and civic engagement. Nowadays, blockchain projects creators find inspiration in arts and use blockchain technology to revolutionize its creation, distribution, and perception. Blockchain technology can actually help raise capital for artists and also get more collectors into fine art. The value proposition to collectors is very clear. Especially if you are in their home and then you point out a piece of art and say this is a wonderful piece of art and then enquire about its today’s worth and then their answer is absolutely not. They would have to hire someone, pay money to an auction house, or an expert, and then they will get a value. Blockchain crashes all the barriers at every point, just like i...

  “Bitcoin will do to banks what email did to the postal industry.”   Cryptocurrency is a form of digital money that is designed to be safe and, in many cases. It is a currency connected with the computer network that uses cryptography, the process of adapting legible information into an almost uncrackable code, to track purchases and transfers. Cryptography was born out of curiosity for a secure interaction in the Second World War. It has progressed in the digital era with an essential feature of mathematical theory and computer science to become a way to secure and safe communications and interactions, information, and money online.    Cryptocurrencies use decentralized technology to let users make safe transactions and store services without the need to use their identity or go through a bank. They work on a distributed public ledger called blockchain, which is a stored data of all transactions updated and held by currency holders. Units of cryptocurrency ...

We all have heard about or at least know someone who used/uses crypto currency, but what exactly is it? So, crypto currency is basically an internet-based medium of exchange /virtual currency which use cryptography to conduct secure and verified transactions for its users. All crypto currencies were developed and necessarily work through block chain technology. The block chain technology assures that all crypto currencies are limited entries in a database that efficiently records transactions between two parties efficiently and in a permanent way. It does not exist physically and isn’t issued by any centralized authority as opposed to central banking systems and or digital currency. Apart from it being a transparent and secure way to carry out financial transactions, another feature that attracts its users towards it is that crypto currencies can be traded between two parties directly via the use of public or private keys, and thus, users can avoid the steep fees charged by most tradit...