ALL PUBLIC ART (AP)_the art market of blockchain technology
All Public Art or APA is currently a liaison between 3 areas that have tremendous potential! The chains, art and market players, 3 fields require a touch of technological growth. Due to the growth of development and growth of the field also required touch technology that can offer added value for the market.
All the arts there must be a market where artists market their artwork. What the options see, along with the changing atmospheric economics and block-chain technology currently in demand. Who can participate in success especially in the world of art market!
Many world economic factors affect the ability to absorb art, for example, Dia-merika which has the largest market based on value. Growing equity markets and raising property values, as the unemployment rate has an influence on people's purchasing power in the art industry. At 18 only, the IMF pushed US GDP growth to 2.6 percent in 2018 and 2.9 percent in 2019 due to potential plus and market resilience.
WHAT uses chain-block power as a setting feature. Their mission is part of a movement in technology called regtech, a technology application for features of general compliance regulation, audit, and art market supervision. The current market deal rules can be replaced by block-chain technology capabilities to ensure trade validity while confirming that holding art and record artist IDs is perfect and remains unchanged.
With the APA token and API platform building, they are developing new, effective and convenient ways to handle art and track art history. The implementation of APA block chain technology will minimize fake art, build trust with the art market, and improve the art deal service and increase the economic and social benefits in
art community around the world.
Block Chain Technology
Provides tremendous potential and is in line with the art market because it allows P2P for artists, collectors and sellers and users alike while providing sales in a transparent manner. This directly minimizes fake artwork and alters the cost of the art market. Because it is applied to the auction house as a mediator to arrange the sale, by offering a number of commission fees to the auction house. No more paying fees for mediators involved in this transaction. And the APA team confidently provides the option to become a member of the APA platform.
By leveraging the benefits of block-chain technology as an innovation in the market for art services that are in dire need of something innovative & exciting. All Public Art uses a chain of beams as a controller in the plan by applying a technology called Regtech. Applications include such technology in compliance, audit and market supervision procedures.
By using block-chain as a transaction supervisor in the art market it is expected to guarantee a legitimate deal while making the status of the artist owner and Artist ID true.
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Author by: thiokoentjoan123
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