MANAGING CHAIN-OF-OWNERSHIP FOR ART USING CRYPTOCURRENCY BLOCKCHAIN

摘要

A method of maintaining a chain-of-ownership for art pieces is disclosed. A first record is stored in a chain-of-ownership database which assigns a first art-piece cryptocurrency address to a first art piece, and the Internet is used to transfer cryptocurrency from a first artist cryptocurrency address assigned to a first artist to the first art-piece cryptocurrency address. A second record is stored in the chain-of-ownership database which assigns a second art-piece cryptocurrency address to a second art piece, and the Internet is used to transfer cryptocurrency from the first artist cryptocurrency address to the second art-piece cryptocurrency address.