Artchain is blockchain art asset network.
Through blockchain technology, artchain enables liquidation, promotion, and provenance of artworks at a global scale,
Artchain AI is a real-time Blockchain Verification System
for the art industry that brings security and speed to art transactions—
from identifying and handling, to purchasing and selling.
In the global art world, safety and accountability are paramount.
Artchain AI has revolutionized the ownership tracking process, protecting stakeholders from manipulation and providing artwork accountability.
"Art is a diverse range of human activities in creating visual,
auditory or performing artifacts, expressing the author's
imaginative, conceptual ideas, or technical skill, intended to
be appreciated for their beauty or emotional power''
It is estimated that the global art market is worth over USD $1 trillion. In 2016, total sales in the global art market reached approximately USD $60 billion as quoted by Art Economics. The global value of art exchanged at auctions has remained stable at around USD$14 billion per year. Art auctions however, are only one of the many links in the whole supply chain of the art market, which extends to include private art trade, collection and storage, promotion, finance, and charity. The global art market has historically been dominated by Europe and North America; however, recent trends show China to be an increasingly significant player.