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The result of a partnership with blockchain art startup Artory that was revealed Thursday, Oct. 11, the Christie’s will use the technology to provide details and certificates of purchases to buyers.
The plans, it says, were “timed to coincide” with the upcoming $300 million sale of U.S. modernist art in London and Los Angeles this month.
Explaining the impetus behind the scheme, Christie’s CIO Richard Entrup said it provided a chance for “clients to experience this technology for themselves and to explore the advantages of having a secure encrypted record of information about their purchased artwork.” He
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