There has been a new milestone in the blockchain adoption, this time set by the successful recording of a record-breaking art sale on a blockchain. It all began on November 13th when the Barney A. Ebsworth Collection recorded a sale at the famous Christie’s auction house in New York and raised a total of $317,801,250 – and went viral in today’s crypto news.
The sale quickly became the most valuable art auction to be ever recorded on a blockchain. In an official press release about it, Christie’s revealed that the auction was handled in partnership with the art-focused technology provider Artory by using its permissioned blockchain to host the auction information.
During the night, at least thirteen auction records were set, with the Chop Suey piece by Edward hopper fetching an amazing $91,875,000. Including participants from 23 countries bidding for an art collection curated by the famous collector Barney A. Ebsworth, the auction had the work of artists such as Jackson Pollock, William de Kooning, Charles Demuth and Georgia O’Keeffee.
In total, 42 art pieces were auctioned off with Artory’s private Ethereum blockchain implementation that recorded all of the details of the sale. This Thursday, a new batch of 49 pieces from the Barney A. Ebsworth collection are set to go on auction again, described as ‘the most important privately-held collection of the 20th Century American Art’.
Telecom Giant AT&T Interested In A Blockchain-Based Social Media ‘Mapping’ System
“The social media history map platforms described herein may take advantage of the immutable and permanent nature of blockchain records to store, and provide access to, data representing online transactions that occur on multiple social media applications.”According to the filing, content creators would keep the ownership of their data on the "mapping" platform:
“However, instead of passing ownership of blocks or data between users, a social media account owner maintains primary ownership of his or her online transaction data. What passes from the social media account owner to other users of the social media history map service, such as followers of the social media account owner, is a notion of elevated visibility rights.”This is just one more patent application in the series that were submitted by companies such as Xerox, American Express, IBM and others - and a new milestone for AT&T overlooking its expansion in the field of blockchain.
Binance Labs Introduces Us To The ‘First Batch’ Of (Final) Blockchain Projects
TRON’s DApp Usage Jumps 48% To +1 Million Transactions Last Week
“This week, the 24-hour transaction number for Dapps reached 1.04M, a 48% increase compared with last week; the 24-hour trading volume hit 640M TRX, an 151% increase compared with last week. We have seen significant increases in both indexes […]”One of the most interesting projects built on Tron is Seedit which is a decentralized platform that lets users contribute funds to the content creators that they most appreciate. Project Atlas is also a well-known project which incentivizes people to seed content on the BitTorrent protocol, which was acquired by Tron back in July this year.
LinkedIn’s Largest Growing Job Sector Is Blockchain Development
“It’s no surprise that we’re seeing an explosion of machine learning roles and continuing growth of data science roles. In fact, we started to see glimmers of this in last year’s report; however, both fields are starting to see more specialized roles emerge. It also may not shock you that Blockchain Developer is topping the list following this year’s surge in interest around blockchain and cryptocurrency.”The great news for all of the people interested in a career in this sector is that there are plenty of universities now that adopt blockchain-related courses which help to boost the blockchain expertise in the following years.
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- Telecom Giant AT&T Interested In A Blockchain-Based Social Media ‘Mapping’ System
- Binance Labs Introduces Us To The ‘First Batch’ Of (Final) Blockchain Projects
- Coinbase Adds PayPal Withdrawals To Its Platform (For U.S. Citizens)
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- TRON’s DApp Usage Jumps 48% To +1 Million Transactions Last Week
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