For contemporary artists, attaching work to the blockchain in the form of a non-fungible token (NFT) may seem like a secure and verifiable way to sell art online.
In some ways, it is. Blockchain inherently records time-stamped data on all transactions, with a permanent indication of ownership across a distributed ledger. A look inside a blockchain’s transactions will provide all the information needed about when an NFT was traded, who was involved in the transaction and how much was spent.