BARTVault enables artists and art owners to protect their art through encrypted ‘Provenance Tokens’ on the blockchain. The Tokens prevent altering of vital information of art assets and their chain of custody, both necessary to protect their value. The system further enables frictionless P2P transactions using smart contracts that govern terms and conditions. BARTVault, with its underlying features of a 'trust protocol', cryptography and immutable global distributed ledger tracks the movement of the asset throughout its life – providing a complete 'chaîne de garde pour Toujours' (chain of custody for ever) to significantly reduce the incidents of forgery in art commerce.
Launch of token crowdsale (ICO) and listing on a top exchange.
Release of BARTVault features to enable art owners to register and upload art.
Release of Beta BART/APIs for partner services network- Print, Photo labs, Framing, Storage services. Implementing the mechanisms of arbitration.
Implementation of additional smart contract features of (a) leasing art for a specific period of time (b) purchasing artwork on an 'installment plan'. Implementation of community governance mechanisms.
Implementation of additional smart contract features: (a) enabling a group of people to own shares in art on a ‘timeshare’ basis (b) implement Shares in Art (SIA) features to Provenir Tokens.
Release of Beta of ‘Enhancements Framework’ to our Technology Platform to test transition of appropriate fully decentralized services managed and operated by the BARTVault user community.
Release of Reputation portability to allow experts / appraisers and other participants to certify their BARTVault reputation to other services using Blockchain technology.
Mobile Blockchain applications with Decentralized exchanges (subject to successful launch of projects such as EtherDelta, EthFinex, Lykke, OmiseGo, KyberNetwork, VariabL etc.)