Blockchain And Cryptocurrency In Cueva Gallery

Beth Jochim, Director and Co-Founder at Cueva Gallery. Twitter: @_bblurred

What is Blockchain Technology?

Blockchain is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.”[1]

It is a technology that uses list of records, called blocks, linked by cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Each transaction is recorded transparently. By design, a blockchain can not be modified.

Blockchain technology can be integrated into multiple areas, such as smart contracts, video games, financial services, and supply chain. The primary use of blockchains today is as a distributed ledger for cryptocurrencies (most notably Bitcoin). [1]

How Blockchain is used in Cueva Gallery

Blockchain technology is used for two purposes:

  • Payments on the website at the Checkout: www.cuevagallery.com ; Payments are possible using Bitcoin, Ethereum, and others cryptocurrencies supported by Coinbase commerce.
  • Certificate of Authenticity for our gallery’s artwork. The Certificate is based on the Stellar blockchain and it works like a “birth certificate” of the artwork, with information not open to alteration or modification.

If you need more information, please contact us on Twitter or here.


References and Resources

[1] https://en.wikipedia.org/wiki/Blockchain

[2] https://www.stellar.org/

[3] https://commerce.coinbase.com/

 

About the author: Beth Jochim is the Creative AI Lead at Libre AI, and Director and Co-Founder at Cueva Gallery. She works at the intersection of technology and arts. She is actively involved in different activities that aim to democratize the field of Artificial Intelligence and Machine Learning, bringing the benefits of AI/ML to a larger audience. Connect whit Beth in LinkedIn or Twitter.


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