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…
Keep reading with a 7-day free trial
Subscribe to The Sociology of Business to keep reading this post and get 7 days of free access to the full post archives.