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Securing Art in a Digital Economy

Securing Art in a Digital Economy
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RtistiQ

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Suppose you are an art collector and have brought an artwork online. In that case, you know the usual doubts that haunt you – how do you determine the artwork is authentic, how do you trace the artist, how do you ensure your bank details are secure while making payments, how do you ascertain you will receive the piece you bought and not some cheap copy. In short, you do not want to be duped. You would be delighted if you could track the entire journey of your invaluable artwork from the artist's home to your doorstep.

If you are an artist using an e-commerce platform to sell your artwork, you want your payments to process in the shortest time possible, and it would be a bonus if you could trace the payments in real-time, just like you could know the journey of your creation to the buyer. There are a few ways to resolve these suspicions for artists and collectors. In the past few years, there has been an immense transformation in technology, making it possible to secure art in a digital economy.

RtistiQ uses the strengths of digital technology to secure art and brings transparency and openness to the art industry. The e-commerce platform utilizes NFC technology to enable the sellers to ensure the artwork's authenticity.

NFC means Near Field Communication, which implies that the device can communicate with another device ‘near’ itself. Near-field communication is a standard for wireless data transitions. You can understand it as two devices connecting and transferring data when they come in close contact. One or both devices can contain data and read the data from the other device. In certain scenarios, only one device could be capable of reading data while the other works as a passive device simply containing the data to be read. Smartphones in contemporary world are the most common form of active NFC device, which implies that your smartphone can read information of any other NFC device when it comes in close contact with the other device. This capability is used at RtistiQ to solve the problem of ascertaining trusted transactions of buying and selling of artwork
through e-commerce platform.

NFC tag


At RtistiQ, each artwork is attached with a unique tamper-proof NFC tag. The NFC Sticker tag contains the basic information about the artwork such as name of the artist, artwork dimesions, style and medium of creation. This information is tamper proof and locked from further writing and provides authentication for the artwork. The NFC tags are passive in nature with a life-span of over 50+ years, and there is no security concern since the device is not connected to the internet.

When an artist starts working with RtistiQ, they receive NFC tag with unique ID to be attached to each of their artwork. This information is also stored securely on the web portal with a unique key and is used to identify each artwork available on RtistiQ platform. As a buyer, you can login to the web portal to search for the artwork using the unique key. When you receive the artwork at your home, if you have the RtistiQ mobile app, your smartphone would be able to read the NFC device on the artwork and confirm that the artwork you have received is the one that you bought. You can also use the RtistiQ website to compare the ID from NFC device for authenticating your purchase.

Hence, RtistiQ ensures that whether you are an artist selling your artwork through our website, or an art collector making a purchase from our art collection, you have an assurance that originally placed artwork is transacted.

Provision of NFC tags for each piece of art available on our platform is a certain way to ensure authentication, but at RtistiQ, we also ensure secure transactions. We use blockchain technology to create a secure link between the physical
object i.e. artwork and its digital life through the supply chain. This one-to-one link ensures absolute transparency and trust in the authenticity of the artwork, through its journey from the artist’s home to art collector’s home. Combining blockchain and NFC technology, artwork sold through RtistiQ is safe from counterfeits entering the supply chain, as well as avoids any chance of information being compromised in any way.

Blockchain Tech

Blockchain, put very simply, is a chain of blocks containing information. The information contained within a block depends on the type of block. For example, it may contain the information of a buyer or seller, including their names, addresses, payment methods, contact information etc. In addition, a block also contains a hash. It is a unique identification of the block and the contents within the block. If any information inside the block changes, it causes the hash to change. The block does not remain the same block. Hence, a block which has been created once with a certain information would be almost impossible to modify. As an additional security measure, a block also contains the hash of previous block in the chain. If someone tries to modify a block, the hash of the block would change, but the following block would still contain the old hash. This would make the modified block invalid and thus would not allow the transaction to proceed. In other words, any information created using blockchain technology remains immutable over time. This helps secure the transactions, involving exchange of financial or personal data. Blockchain technology works on peer-to-peer connection between devices, hence there is no need for an intermediary to be involved in a transaction. This way, payments can process without the need for a bank or payment gateway. Hence, the transaction is efficient in addition to being secure, reliable, and traceable.

RtistiQ uses blockchain to store details about buyer and seller IDs. It also contains details of artwork and a unique ID to identify the artwork. All this information is part of a public blockchain and hence, accessible to everyone involved in the supply chain of the journey of the artwork. Although the blockchain is public, it is secure with the use of unique alphanumeric ID and works on the standard principles of blockchain technology to make the transactions safe.

RtistiQ uses a robust alliance between NFC and Blockchain technologies to deliver digitally secure art, so whether you are an artist or an art connoisseur, you can leave the technology to us while you focus on what you do best.

Author: Manisha Bhati

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Sending Help to Ukrainian Artists In This Hour of Maximum Need  Through A Charity NFT Art Auction

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Sending Help to Ukrainian Artists In This Hour of Maximum Need Through A Charity NFT Art Auction

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ON RTISTIQ

Coming Soon - Maharaja Of All NFTs. Join The Waitlist.

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Bringing Together Art & Technology

ON RTISTIQ

Bringing Together Art & Technology

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