Articles on: RtistiQ Tech for Art Authentication

Digital Certificate of Authenticity


Benefit from the advantages of the Blockchain based Digital Certificate of Authenticity (DCA)

A certificate of authenticity (COA) is a document from an authoritative source that verifies the artwork’s authenticity. While many COAs are signed by the artist, others will be signed by the representing gallery or the printmaker who collaborated with the artist on the work. For secondary market works, authorized estates or foundations are often the issuing party.

COAs typically include the name of the artist, the details (title, date, medium, dimensions) of the work in question, and whenever possible an image of the work.

The Certificate issuing authorities follow the rules of certification under the Marcus decree, but due to lack of central governance and strong record keeping process it has often been susceptible to counterfeiting. Digitization of the Certificate issuance supports the strengthening of security against counterfeiting, traceability of works. Additionally employing technologies such as Blockchain and Near Field Communication chips (NFC)

The world of art is evolving but certification is still at the heart of transactions!

RtistiQ wishes to bring you new technological tools such as blockchain in order to rationalize, update and modernize the certification chain. Blockchain integration is immediate: all it takes is internet access and a few minutes to register, manage and archive hundreds and thousands of Digital Certificates of Authenticity.

Benefits of Digital Certificates of Authenticity for Art:

Enhanced Provenance: DCAs can provide a detailed record of a work of art's ownership history, which can be invaluable in proving its authenticity. This can be especially important for works of art that have changed hands many times over the years.
Reduced Fraud: DCAs can help to reduce fraud by making it more difficult to forge certificates of authenticity. This can protect both buyers and sellers from unknowingly purchasing or selling counterfeit works of art.
Increased Transparency: DCAs can increase transparency in the art market by making it easier to track the ownership and history of works of art. This can help to build trust among buyers, sellers, and other stakeholders in the market.
Improved Insurance Coverage: DCAs can make it easier to obtain insurance coverage for works of art. This is because insurers are more likely to cover works of art that have a verifiable provenance.
Increased Value: DCAs can increase the value of works of art by making them more desirable to collectors. This is because collectors are willing to pay a premium for works of art that have a documented history and are provably authentic.

Updated on: 15/11/2023

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