Why we use blockchain

If you want in on the NFT craze, an NFT marketplace is your gateway to participating in the purchase and sale of these digital assets - from art to music to entire virtual worlds. Think of NFT marketplaces as your Amazon of the digital realm.
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Arus
Posts: 30
Joined: 03 May 2021, 09:26

Why we use blockchain

Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
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FlatcherMI
Posts: 119
Joined: 22 Dec 2021, 21:17

Re: Why we use blockchain

Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
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lindapowell
Posts: 203
Joined: 21 Dec 2021, 22:29

Re: Why we use blockchain

FlatcherMI wrote: 24 Dec 2021, 12:12
Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
No its about which platfrom uses which blockchain since there are many of them
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Marsellas
Posts: 172
Joined: 22 Dec 2021, 14:42

Re: Why we use blockchain

FlatcherMI wrote: 24 Dec 2021, 12:12
Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
No everyone uses blockchain but there are many types of them some can be very dissapointing
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Marsellas
Posts: 172
Joined: 22 Dec 2021, 14:42

Re: Why we use blockchain

lindapowell wrote: 27 Dec 2021, 17:53
FlatcherMI wrote: 24 Dec 2021, 12:12
Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
No its about which platfrom uses which blockchain since there are many of them
Exactly. But this platfrom uses trusted and very good ETH classical blockchain so i don't see any problems
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Vincent
Posts: 178
Joined: 22 Dec 2021, 16:52

Re: Why we use blockchain

lindapowell wrote: 27 Dec 2021, 17:53
FlatcherMI wrote: 24 Dec 2021, 12:12
Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
No its about which platfrom uses which blockchain since there are many of them
Most of them use ETH blockchain since they aren't very big to have their own blockchain
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Vincent
Posts: 178
Joined: 22 Dec 2021, 16:52

Re: Why we use blockchain

FlatcherMI wrote: 24 Dec 2021, 12:12
Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
Every platfrom uses blockchain in some sense even if it is direct deposit
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EdwardNy
Posts: 146
Joined: 22 Dec 2021, 22:02

Re: Why we use blockchain

Vincent wrote: 05 Jan 2022, 20:03
FlatcherMI wrote: 24 Dec 2021, 12:12
Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
Every platfrom uses blockchain in some sense even if it is direct deposit
And how is that done? Bank don't trust and do not allows blockchain use as far as i know
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EdwardNy
Posts: 146
Joined: 22 Dec 2021, 22:02

Re: Why we use blockchain

Vincent wrote: 05 Jan 2022, 20:02
lindapowell wrote: 27 Dec 2021, 17:53
FlatcherMI wrote: 24 Dec 2021, 12:12

Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
No its about which platfrom uses which blockchain since there are many of them
Most of them use ETH blockchain since they aren't very big to have their own blockchain
This one uses Opensea blockchain so ETH is not that common
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HubertMon
Posts: 138
Joined: 24 Dec 2021, 13:42

Re: Why we use blockchain

Vincent wrote: 05 Jan 2022, 20:03
FlatcherMI wrote: 24 Dec 2021, 12:12
Arus wrote: 18 May 2021, 20:44 Smart and transparent
KnownOrigin is a platform allowing artists to submit limited-edition digital artwork that is backed by blockchain technology. The combination of smart contracts and ERC721 (non-fungible token) compliance adds a level of transparency and security that have never been seen before.
Proving ownership of digital art
Using blockchain technology any digital artwork can be permanently embedded into a blockchain providing an immutable, trustworthy and reliable source of ownership. Each piece is unique and the full chain-of-custody history can viewed by anyone online
Providing provenance
Using the power of the Ethereum and smart contracts we provide a trusted and secure way to ensure provenance and chain-of-custody is permanently maintained for digital art which is sold on KnownOrigin
Are not all platforms with crypto and NFT trading use blockchain? Some do not? Explain this concept in details please
Every platfrom uses blockchain in some sense even if it is direct deposit
No i think it is not blockchained when you deposit from bank the information is also registered in bank system
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