The Truth About Security And Authentication of Digital Artwork with Non-Fungible Tokens

A blog post on how to secure digital artwork with non-fungible tokens.

The art industry has been looking for a way to secure digital artwork. Right now the only way they can do that is by using a secure form of encryption. The problem is that encryption locks out the owner and is not a viable solution in the art industry. The solution may come in the form of NFTs or non-fungible tokens.

NFT’s are the future of digital artwork. A new generation of artists is swapping traditional artwork for digital currency. But how do you prove the authenticity of digital currency? How do you stop your currency from being duplicated or stolen?

This blog will look at the truth about the security and authentication of digital artwork using non-fungible tokens.

How do the security and authentication of digital artworks work?

The artworld is full of forgeries, fakes, and counterfeits. It’s hard to tell when an artwork is real or when it’s fake. One way to prevent this is by authenticating physical artwork. You can do that by checking the signature, the date, the materials, and the painting style. But what happens when you’re dealing with digital artwork? How do you make sure that digital artworks are real?

The answer is NFT’s. Non-fungible tokens (NFTs) are the future of digital art, but they come with some challenges. NFTs are blockchain-based, digital collectibles that are unique.

A non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be associated with easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to give the NFT public proof of ownership.

How are Non-Fungible Tokens solving problems?

A Non-Fungible Token or NFT is a unique token that is distinguishable from the rest of the tokens. For example, a rare painting is a Non-Fungible Token because it is different from any other painting. A Non-Fungible Token is a digital asset that cannot be replaced by a fungible asset that can be replaced by a different asset of similar characteristics. A Non-Fungible Token is not divisible or transferable, which is the most common token.

The digital art industry has been dogged by fraud for too long. Fake works are sold daily to unsuspecting buyers, who are left with worthless files when they try to sell them on.

Last year, the art industry brought in $71 billion in sales. The industry has long been wary of fraud, but the unique issues surrounding digital art made it impossible to track. Until recently, there has been no way to verify that any piece of digital art was real or not.

Until NFTs.

Non-fungible tokens (NFTs) are digital tokens that are unique (i.e. one-of-a-kind) and can be easily verified. They are the solution to the fraud problems facing the art industry. NFTs can be impossible to imitate, which makes it easy to verify that a piece of art is the real deal. These digital tokens are revolutionizing the art industry by allowing buyers to verify that the art they’re buying is, in fact, the authentic article.

But the reality is different from what it looks like.

There are several barriers to authentication of NFTs digital artwork original creation which are important to address.

The Reality of NFT’s digital artworks

In the fast-paced digital world, no one wants to wait. In the original creation market, technology has put a slight damper on that, but advancements in NFT technology have made the process a whole lot smoother. Blockchain has proven to be a wonderful tool for verifying the chain of ownership. But it does not verify the creation itself. Currently, enforcing copyright is difficult for IP owners with limited financial resources.

Owners who own digital assets off-chain currently have almost no way to ensure the authenticity of the asset and even when minted as an NFT collectors cannot self-verify an asset without the complex process of auditing the blockchain. This is a significant barrier to most users which benefits counterfeiters.

The need for better authentication solutions for NFT's

The present authentication process of NFT original creation is complex and cumbersome. There is a lack of reliable tools, moreover, require technical skills to prove the ownership of NFTs.

But what if there was a way to make it a lot easier to authenticate an NFTs originality? And what if this process could be automated? You won’t have to wait, you just have to verify if the artwork is real or not.

Rev3al Technology is the world’s first NFT verification solution. The technology allows the authenticity of the digital asset can be confirmed by the user through a simple process on their device and a simple user interface on the REV3AL platform.

Conclusion

NFTs are the future of art ownership. It is an emerging technology that is already making waves in the art industry, promising to bring authenticity and verifiability to digital artwork in ways never before seen. By using the blockchain, artworks can be verified in ways that are simple, accessible, and measurable.

But the truth to security and authentication to NFTs of digital artwork is that NFT collectors cannot self-verify an asset without the complex process of auditing the blockchain. This is a significant barrier to most users which benefits counterfeiters.