Silicon Valley's Top Investor Tim Draper to Keynote at Art&Co.
"Choosing LuxTag was easier done than said," said Bundeep Singh Rangar, Art&Co.'s founder and PremFina's CEO. "Recording ownership and purchases on the blockchain is a simple set of clicks on its App."
LuxTag's provenance tracking solution called Papyrus ensures authenticity and ownership of artworks. Each item is tagged with a unique identifier, intrinsically linked to a distinct blockchain account on the NEM public blockchain. Every account contains data and specifics about each artwork to prevent forgery. Smart contracts on the blockchain record ownership and transfers.
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