VeChain: Blue Bite to Secure Fine Art with Blockchain Technology

In a blog post published on December 10, 2019, tech firm Blue Bite stated that it will be tapping VeChain’s (VET) supply chain-focused blockchain solutions to enable end-to-end transparency and security for fine art certificates. Singapore-based distributed ledger technology (DLT) organization VeChain has cemented itself as one of the leading blockchain solutions providers in the supply chain space.

Now, in an attempt to extend the use-case of blockchain technology into relatively unexplored spaces, VeChain has partnered with U.S.-based tech firm Blue Bite and The Fine Art Ledger to leverage DLT to ensure the authenticity of fine art certificates for artists, collectors, galleries, and art fairs via NFC chips installed directly on the artwork frame. For the uninitiated, The Fine Art Ledger is a blockchain-powered platform that allows artists to digitally register physical or digital works of fine art onto a secured blockchain network.

Timeline of Vechain