Bitcoin Price Analysis April 21: BTC Consolidation For 5 Days – Is It Time For a Sharp Move Now?
As we already know, we store transactions in blockchain. In art it should be valuable information from the point of view of counterfeiting. John Myatt falsified about 200 works of art and was auctioned for bursting amounts. If the works are recorded on a blockchain and are available, it will not be possible to place the falsifies on the market.
Example: In the case of the sale of a artwork, a blockchain will be checked to verify the actual owner. If the seller was not the last owner according to the blockchain it will be a fake. It is therefore an effective protection for investors.