Are you an art professional?
Are you a confirmed artist?
Artcertificate allows you today to register your certificates of authenticity on the Blockchain of the Ethereum network in order to guarantee you ENHANCED SECURITY and OPTIMUM TRACEABILITY.
Blockchain is a technology designed to store and transfer information in a transparent and safe way, without a central control system (definition of Blockchain France). This technology is at the heart of the Decentralized Web and its related field, decentralized finance.
A blockchain, by extension, is a database that contains the history of all exchanges between its users since its creation. This database is secure and distributed: it is shared by each of its users, without any intermediary, allowing each user to check the validity of the chain. There are public blockchains, open to all, and private blockchains, whose access and use are limited to a certain number of actors.
A public blockchain is similar to a public, anonymous and forgery-proof accounting ledger. According to the mathematician Jean-Paul Delahaye, one must imagine 'a very large notebook, which everyone can read freely and for free, on which everyone can write, but which is impossible to erase and destroy. »
The blockchain's backgroundThe first blockchain was introduced in 2008 with the Bitcoin digital currency, developed by an unknown man under the pseudonym Satoshi Nakamoto. It is its underlying architecture.
Although blockchain and bitcoin were built together, many stakeholders (companies, governments, etc.) are now considering using blockchain technology for other uses than digital currency.
How does it work?Any public blockchain must work with a programmable currency or token. Bitcoin is an example of a programmable currency.
Transactions between the users of the network are grouped in blocks. Each block is approved by network nodes called 'miners', using techniques that depend on the type of blockchain. This technique is called 'Proof-of-Work' in the Bitcoin blockchain and is used to solve algorithmic problems.
Once the block has been approved, it is time-stamped and added to the block chain. The transaction is then visible to the receiver as well as to the whole network.
This process takes some time depending on the type of blockchain (about 10 minutes for Bitcoin, 15 seconds for Ethereum).
Blockchain's potentialThe decentralized nature of blockchain, together with its high level of security and transparency, offers the promise of many more applications than the currency field.