The dawn of a new era in art verification
In the evolving art world, the intersection of technology and creativity has produced a revolutionary tool: TRACE (Tamper-Resistant Art Certification Encoding) from Transient Labs. This innovative technology will change the way we authenticate, track and preserve the integrity of works of art, whether they are digital masterpieces or traditional canvases.
The TRACE chip – Bridging the gap between physical and digital domains The cornerstone of TRACE technology is the unique chip, which functions as a digital certificate of authenticity (dCOA). It is seamlessly integrated with Near Field Communication (NFC) and allows anyone with a smartphone to verify the authenticity of a work of art. The chip’s adaptability is remarkable, with applications ranging from sewing into fabric to embedding into wood, ensuring the artwork retains its integrity and remains protected from tampering.
Personalized Blockchain Contracts and Immutable History Transient Labs has gone one step further by introducing the TRACE Creator Contract. These contracts are tailor-made for each artist and align with ERC721TL standards, providing a tailor-made solution for each creator’s needs. This contract system ensures that the origin of each work of art is continuously traceable and secure. Additionally, TRACE Records are a testament to art’s journey, permanently recording changes in ownership, exhibitions, sales and more on the blockchain. This creates an unchanging, detailed history of the artwork.
The ecosystem of validation and structured data A crucial aspect of TRACE is the role of registered agents – galleries, auction houses and collectors – who are empowered to validate and supplement the artwork’s data. This adds an essential layer of verification to the story of the art. The TRACE Record Schema, with its structured data format, ensures that all records are organized and accessible, meticulously recording every major event in the artwork’s life.
Beyond Authentication – A holistic look at the journey of art TRACE transcends traditional authentication methods. It covers the most intricate details of a work of art, from media displays and legal notes to appraisals. This comprehensive approach provides a complete story of the artwork.
Paving the way for transparent art history TRACE from Transient Labs is more than a technological innovation; it is a movement towards transparent, secure and detailed documentation of art. As it becomes accessible to all creators, TRACE is poised to redefine the standards of art authentication and storytelling.”
TRACE is a breakthrough in authenticating and recording the journey of physical artworks and assets via blockchain. Created from a mix of smart contracts and physical technology, it secures the legacy and legitimacy of your art.
Let’s unpack how it works. ???? pic.twitter.com/NrL5GtTSPa
— Transient Labs (@TransientLabs) January 30, 2024
TL; DR: Transient Labs’ TRACE technology sets a new benchmark for art authentication, combining NFC and blockchain for a secure and transparent method of tracking and documenting the history of artworks. It represents a quantum leap in preserving the integrity and story of art in the digital age.