Growing sales and hammer prices through improved provenance
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
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:
Digital Provenance Records
Codex records are an online lockbox that allow you to safely store and share information about an item. Add provenance documentation like attestations from appraisers or bills of sale from auction houses. Each piece of information will be stamped on the blockchain.
Blockchain technology makes attestations and chain of ownership impossible to fake. Every transaction can be verified and the system is unhackable.
Codex is built on an open system, meaning that you always control your data, there will be lots of apps that will play nicely with this system, like insurance and loans.
Reach out now to learn more about integrating Codex into your auction house operations.