Growing sales and hammer prices through improved provenance
How We Help
Create a secure digital chain of ownership for your valuable assets and easily assert ownership.
Secure your provenance documents and collect attestations from experts stamped on the blockchain.
Easily share verified information with potential buyers and service providers to easily prove authenticity.
Over 29,346 addresses hold at least $1,000,000 worth of bitcoins. Holders of cryptocurrency represent an untapped market for auction houses.
How It Works
Creation or Sale of Asset
An event takes place in the lifecycle of an artwork or collectible, such as a sale or valuation request from a collector, initiating the process.
Registration on Codex
When an asset is sold through your house, we create an immutable Codex Record for the asset, stored on the blockchain.
Immutable Record of Provenance
As the asset transfers owners or undergoes events such as an appraisal, events are logged on the Record, creating a verified history for the item.
Verified Validators, Anonymized Collectors
Your auction house will have a verified account that will appear in the provenance for the asset, helping you to protect your reputation. Collectors can remain anonymous to protect their privacy.
Connections to Services
As Codex adds features, collectors will be able to opt-in to gain access to trusted sources and service providers.
Backed by an Industry Consortium
Building a protocol that becomes an industry standard requires the support of large stakeholders and needs to accommodate the needs of diverse stakeholders. Building a committed consortium is the best way to accomplish this. Members of the consortium all agree to its mission, which includes:
Develop and continually improve Codex.
Support, sponsor and build impactful applications.
Expand the consortium.
Educate the A&C ecosystem about cryptocurrency and blockchain.
Educate the crypto-community about the importance and opportunities of the A&C asset class.