• Robert Fleischman

    This is how blockchain technology could change fine art forever

    Technology can finally give artists a bigger piece of the upside

    The fine art business may be disrupted in the coming years thanks to blockchain technology, concluded a panel of traders, fund managers, gallery owners, and academics. The discussion, “The Fine Art Market In Bitcoin, Blockchain, Cryptocurrency & More,” was co-moderated by this very editor and hosted by GS2 Fine Art Co. and held at the Yale Club of New York this past Monday evening. Much of the talk centered around the work of one of the five panelists, Amy Whitaker, assistant professor at NYU’s Steinhardt School. In January, Whitaker, with Roman Kräussl of the Luxembourg School of Finance, published an academic paper called, “Democratizing Art Markets: Fractional Ownership and the…