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
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.
When an asset is sold through your house, we create an immutable Codex Record for the asset, stored on the blockchain.
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.
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.
As Codex adds features, collectors will be able to opt-in to gain access to trusted sources and service providers.
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:
Log in via your Facebook, Google or Microsoft account and start tracking your assets
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.