Smartefact is a digital identity platform that allows to create a digital identity for an artwork in the blockchain, and facilitate both the authentication of the artwork and the management of collections.
Identifying the provenance or value of an artwork, or guarding it against counterfeit and fraud is often a challenge. Thanks to blockchain technology and a very innovative protocol we created to establish a decentralized chain of trust, the Smartefact platform redefines how we buy, sell, trade and enjoy and create art, both in the physical world and digitally.
When a physical artwork (e.g. a painting) is registered with Smartefact, it is given a unique NFC tag. The Smartefact App allows you to scan the NFC tags (or QR codes), and see the records about the artwork kept in the blockchain (we currently support the secure Emer blockchain). Data stored in blockchain can include detailed information about the painting as well as its author, and its history such as exhibitions, valuations, expertise certifications, sale and ownership changes, and much more.
Features of the App include a powerful search engine that allows users to search for records in the blockchain. Smartefact also decodes the data found in the blockchain into a readable form through its user-friendly interface, so that the user has readable data instead of unfriendly raw data.
While Smartefact does not replace existing authentication practices, it is a great and cost- effective complement to them. Artists can seamlessly register the authorship of their artwork, prevent counterfeits, track the artwork's history. Galleries, dealers, and museums benefit from easy artwork authentication and collections management.
Smartefact is a product of EmerTech, a member company of the Incu-App Programme, HKSTP (Hong Kong Science & Technology Park).
Visit smartefact.org for more information.