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Author Topic: Security Hologram with Bitcoin for art  (Read 1169 times)
cbeast (OP)
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April 09, 2012, 04:00:51 PM
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Combining a security hologram with a cryptocoin would be a way to tag the registration of unique objects. I'm thinking of things like original art or a series of prints. Just like Casascius coins, the original private key would be embedded beneath the hologram. The holder of the piece would have a copy of the private key and would transfer ownership by creating a new transaction and applying a second hologram while leaving the original intact. The secondary hologram can be replaced anytime the object is sold as long as the original is there to verify the authenticity of the piece.

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Stephen Gornick
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April 09, 2012, 07:30:26 PM
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I like it! This creates a linkage from the original artist as well as providing timestamps that can be trusted.

Though there is a caveat.  I may trust the hologram to protect against a 100 BTC physical bitcoin.  I'm not sure I'ld trust it as sufficient protection that a million dollar piece of artwork is unique.

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April 09, 2012, 08:59:04 PM
 #3

Excellent idea. This is certainly a business idea that can marketed to the right peole. Ive never herd of anything like this before (mind you, my knowledge on the topic is limited).
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April 09, 2012, 10:23:03 PM
 #4

+1
Your suggestion sounds like a great idea if applied to items like high quality photography prints

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