In recent art world news, Verisart has launched the “P8Pass,” developed in partnership with online auction house Paddle8, to offer blockchain certification and authentication services to the worldwide art marketplace.  According to Paddle8’s website, the “P8Pass is a digital certificate with data encoded continuously onto the Bitcoin blockchain.  The certificate

In recent art world news, specialist global fine art insurer Hiscox in partnership with London-based art market research firm ArtTactic has published its sixth annual Hiscox Online Art Trade Report 2018.  This latest report reveals an online art market worth an estimated $4.22 billion (up 12% this past year).  While this represents a solid year

In recent art world news, popular social media site Instagram has been having a significant effect on the art world since its launch in 2010.  The photo and video sharing app has evolved into the cornerstone of the art world becoming a home to many in the industry, including artists, art collectors, auction houses,

In recent art news, the gap between small galleries and large galleries is widening at a steady pace as a number of small to midsize art galleries have closed their doors since 2012 to present and the numbers are remarkable.  Small to midsize galleries have “long struggled to compete in a field increasingly dominated

In recent art news, the Frick Collection is among a distinguished group of art institutions around the world that is taking its antiquated system of photography archives and digitizing it such that the photography archives are part of a “mega-size, searchable scholarly database and web portal that will eventually hold 22 million images, 17

In an attempt to curb illicit trafficking of fine art and antiques, a group of Geneva based art professionals known as the Responsible Art Market Initiative (RAM), which include dealers and art law attorneys, will publish a dossier on art market best practices for free ports and custom-free zones. There have been numerous reports

The New York Times recently featured an interesting article on the rapid growth of free ports around the world used by collectors and dealers for the temporary storage of art works.  Many would be surprised to learn that more than a million of some of the most treasured art works ever created, such as ancient