Techcrunch: Using The Blockchain To Fight Crime And Save Lives

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 at Techcrunch breaks down some more facts about Blockchain in an entertaining, well thought out article on art, goods and drugs:

A Swiss art-research lab recently caused a stir by claiming that more than 70 percent of the works it checks out are fakes, forgeries or misattributions. While exact figures are unknown for the amount made in forged art each year, high-profile cases over the last decade have revealed that forgers can make millions. Some forgeries are so convincing that they were displayed in the most prestigious art galleries in the world.

The emergence of new online art sales platforms, such as Artspace, Paddle8 and Amazon Art, are making it increasingly difficult to keep track of authentic art pieces. This facilitates the spread of counterfeit art. Buying online is especially popular with the younger generation, with almost 25 percent of 20–30 year olds surveyed saying they first bought art online without seeing the physical piece. The Hiscox Online Art Trade Report 2014 estimated the value of the online art market will rise to $3.76 billion by 2018.

Richard Kastelein

About Richard Kastelein

Founder, Publisher and Editor in Chief of Blockchain News and co-founder and director at Blockchain Partners in London/Amsterdam/NYC, Richard Kastelein is also an advisor with a number Blockchain startups doing ICOs including DECENT.ch, Inchain, Humaniq, Chronobank, eGaas and others.

He is regarded as one of the top journalists by the Blockchain and fintech communities – as is evident by his entry in the Top 150 Fintech journalists online and in the top 10 of the Blockchain Top 100 List. As a prominent keynote presenter, he has spoken on Blockchain at events in Gdansk, Amsterdam, Minsk, Dubai, Antwerp, Eindhoven etc, where he helped spread the cause for Blockchain technology and crypto-currency and, consequently, has built a notable network inthe scene.

In 2013, the European Commission appointed him as an expert for overseeing financing for emerging startups as a part of the European Commission’s 90 billion euro Horizon 2020 project, created in Brussels to promote innovation as a driving force of job creation and business ventures across Europe. He has also worked as an external expert for Innovate UK since 2012, judging startups for the UK government.

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