Will the Blockchain make art disappear?

J.J. Charlesworth considers the implications of the first cryptocurrency art-trading platform

By J.J. Charlesworth

Martín Nadal, Cesar Escudero Andaluz, Bittercoin – the worst miner ever, 2016, bitcoin miner made from an old calculator. Photo: Patricia Cadavid

A recent ArtReview Live event, the launch of the book Artists re:thinking the Blockchain, published in September by London’s Furtherfield gallery and independent publishers Torque, took on the complex subject of blockchain technology and its relevance to contemporary art. Blockchain computing is most associated with the growing popularity of cryptocurrencies such as Bitcoin and Ethereum, but the principles and implications of blockchain go beyond the growing attraction for currencies that aren’t dependent on governments or centralised financial systems. Since blockchain computing allows a network of…

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