Traditionally, digital data has been centrally managed by a specific administrator. Public blockchain, on the other hand, does not have a specific administrator, and each participant in the network manages information in a decentralized manner.
With conventional digital data management, there is a possibility of data tampering by malicious users or administrators. However, by using blockchain technology to hold the same information in a decentralized manner for an unspecified number of users, the possibility of digital data tampering is minimized. This makes it possible to correctly record important information related to the value of artworks.
In addition, with conventional digital data management, each service has a different administrator, making it difficult to transfer information from one service to another. Blockchain technology, on the other hand, makes it possible to easily share information across services. This makes it possible to easily record the history of a work even when it is secondarily distributed by different services and businesses. This makes it possible to easily record the history of an artwork even after secondary distribution.