The art piece, Sailing with the Wind, by Hualien artists Chen Shu Yen and Tuwak Tuyaw has become the first Taiwanese indigenous artwork with a certificate of ownership stored via distributed ledger technology (DLT), according to an article shared via Reddit.
Chen and Tuyaw uploaded the pictures taken during the process of making Sailing with the Wind to a blockchain platform using the IDGO intellectual property validation and authorization service. IDGO compresses the information into data to create a unique token. The token can be transferred to the future buyer of the art piece as proof of purchase and ownership.
According to IDGO Product Manager Victory Liu, the idea of tokenizing intellectual property such as artwork is very helpful for creators.
“The certification process is a cost-effective permanent record of authenticity that can be used for proof of origin. Furthermore, the unique electronic token can be used to track the transfer of ownership or intellectual property rights; we are sure that buyers and collectors also value that,” Liu said.
Commissioned by the Taiwan Research-based Biopharmaceutical Manufacturers Association (TRPMA) to represent the country’s ambitions in the global biomedical industry, Sailing with the Wind is an art piece made entirely of indigenous natural materials and traditional fishing traps called “Yungu,” made of bamboo and rattan. According to Carol Cheng, COO of TRPMA, it evokes merchant boats sailing among islands, as a “metaphor for the communication between live cells, or interaction and collaboration between Taiwan and other countries.”
Sailing with the Wind went on display on July 25th at the TRPMA exhibition for BioAsiaTaiwan 2019 held at Taipei Nangang Exhibition Center.
About Asia Blockchain Review
Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.
Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.
Follow Asia Blockchain Review on:
We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us