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Author Topic: Using the blockchain as a method for assigning ownership of digital artworks?  (Read 1375 times)
mccoyspace
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October 24, 2013, 04:20:12 AM
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One big issue in the art world right now is buying and selling digitally-based media. While there are some interesting efforts made to address this issue ( http://www.ifnoyes.com/ ), often artists resort to making some kind of physical output or embodiment of digital code (an object) that can circulate more easily within the existing strictures of the art market. ( http://paddle8.com/auctions/paddleson )

I am interested in developing a method or system where a contractual ownership token or message can be embedded with a blockchain transaction. This way an artist working digitally can present the work in its native form (on the internet, for instance), yet still have a mechanism to sell it to a collector who would have a verifiable and secure way of showing ownership and transferring ownership to another party.

My idea seems related to Contracts ( https://en.bitcoin.it/wiki/Contracts ), colored coins ( https://bitcointalk.org/index.php?topic=305042.0 ), and maybe even smartcoin ( https://github.com/jgarzik/smartcoin ), but it is difficult to know where to begin.

Is it about message embedding? ( http://bitcoin.stackexchange.com/questions/2631/what-are-the-key-differences-between-different-ways-of-embedding-messages-in-the ) But ones that would persist across transactions?
Or is it about developing essentially a custom wallet that would create specialized, contract-like transactions?
I've even thought of Ripple and creating custom currency that would be "backed" by the artwork, like what TTBit did with DYM
( https://bitcointalk.org/index.php?topic=149533.0 )

I am a digital artist and an academic, so this is a creative/research interest I'm trying to develop. More experiment and proof-of-concept than entrepreneurial startup. I'm an OK coder but I wouldn't call myself a developer.

Any ideas, suggestions? anybody want to collaborate? Let me know.
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metacoin
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October 24, 2013, 04:29:09 PM
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Hi,

There are certainly many options to accomplish this. All of the solutions you linked are good, but I'd like to let you know that another option exists: Florin coin.

This coin enables embedding 140-character permanent messages into the blockchain, which are currently being used for a number of things, such as a color coin system (similar but not related to Colored Bitcoins) where users can create contracts that represent ownership of non-coin things.

This system would be perfect for what you're describing, and is being worked on at the moment. If you want, please send me a PM here or email me (support at colorcoin dot org) to discuss more. I'd be more than happy to help you reach your goal using the Florin blockchain. Our aim is to provide a solution that is easy for users to understand and deploy quickly, while retaining the fully decentralized and secure architecture of the blockchain.

You can view a live demo in my signature. Please be advised that there is no javascript in use on any of my sites, so no-script (and other similar addons that prevent tracking and annoying javascript vulnerabilities) will not reduce your experience whatsoever.

Thanks,

metacoin

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October 26, 2013, 03:28:05 AM
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Hi,

There are certainly many options to accomplish this. All of the solutions you linked are good, but I'd like to let you know that another option exists: Florin coin.

This coin enables embedding 140-character permanent messages into the blockchain, which are currently being used for a number of things, such as a color coin system (similar but not related to Colored Bitcoins) where users can create contracts that represent ownership of non-coin things.

This system would be perfect for what you're describing, and is being worked on at the moment. If you want, please send me a PM here or email me (support at colorcoin dot org) to discuss more. I'd be more than happy to help you reach your goal using the Florin blockchain. Our aim is to provide a solution that is easy for users to understand and deploy quickly, while retaining the fully decentralized and secure architecture of the blockchain.

You can view a live demo in my signature. Please be advised that there is no javascript in use on any of my sites, so no-script (and other similar addons that prevent tracking and annoying javascript vulnerabilities) will not reduce your experience whatsoever.

Thanks,

metacoin

THat is pretty interesting. I'll have to check that out. Is there only one message per coin? or can you continually chain messages into coins?
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