0419-te-aaa-wierbicki.jpg

The Newest Technological Trend in the Art Market

Blockchain is changing the industry.

On Nov. 13, 2018, Christie’s sold the Barney A. Ebsworth Collection (the Ebsworth Collection) for a total of $317,801,250, becoming the largest art sale ever to be recorded on a single blockchain.1 Taking a step back, you may be wondering: first, what’s a blockchain, and second, why is a blockchain even relevant when discussing an estate art sale? Well, as was seen with the auction of the Ebsworth Collection, blockchain is the latest technological trend breaking through to the art

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish