Paper Key : IRJ************257
Author: Vardhan Amit Ingrole,Ayush Satish Sawant,Sammed Sukumar Patil,Nitish Nivas Patil
Date Published: 16 Oct 2023
Abstract
ArtGuardian is a pioneering blockchain-based platform that brings a new level of transparency and security to the art market. Acting as a trusted intermediary between art collectors and established third-party dealers like auction houses and galleries, ArtGuardian introduces a range of transformative features. First and foremost, it harnesses the power of blockchain technology to create unalterable records of art contracts, safeguarding the authenticity and integrity of art pieces. Smart contracts play a crucial role, not only verifying the authenticity of artworks but also ensuring secure and transparent transactions, protecting the interests of both buyers and artists. The platform's blockchain art records offer unprecedented transparency, allowing users to trace an artwork's history from its creation to its current ownership. This level of transparency minimizes disputes and builds trust among all participants in the art market. Collaborating with renowned art institutions further expands ArtGuardian's reach, offering a diverse selection of art. By connecting artists directly with buyers, it disrupts traditional intermediaries and transforms the art market's dynamics. ArtGuardian's user-friendly interface accommodates both seasoned art collectors and newcomers, making it accessible to a broad audience. With its commitment to reshaping the art market by addressing authenticity, provenance, trust, and attracting a more extensive community of buyers and artists, ArtGuardian holds the promise of a more transparent, trustworthy, and thriving art ecosystem.Keywords: Blockchain, Authentication, Marketplace, Art Provenance Verification, Smart Contract Security, Transparent Art Transactions, Decentralized Ledger.