Blockchain and the Internet of Luxury

It’s February 2016, and the Chairman of the Sotheby’s board is angry. Sometime before, as revealed in the Knoedler forgery trial, Sotheby’s paid $10 million for a Frans Hals painting.

The painting was a fake.

Approximately $2 trillion per year of luxury goods are counterfeit. Fine wines, jewelry, antiques, furniture, art and luxury fashion are all targets…