Sustainable and secure:
As mentioned, and especially when it comes to works of art that go for millions upon millions of dollars, security is key when moving an item from creator to collector to gallery.
Not only can ParceLive monitor for any opened boxes, but should a dispute arise between either party (remembering here that there is no longer a middleman involved), the artist can provide a clear chain of custody and root cause precisely where the shipment was targeted for theft.
Lastly, each of the RFID trackers is easily reusable and recyclable, which means that regardless of whether an artist’s works move quickly, or hang on a gallery wall for decades, there is a clear means in which to ensure the creator gets paid when a re-auction happens or a sale occurs after the initial purchase.
RFID tags can also be monitored when the artwork finds its final home by simply alerting the collector to how best to return the tracker, which would see him or her merely drop the hardware into the nearest post office box for, again, ease of reuse.
There is big money in the art world, but there is, arguably, just as much injustice in this realm when it comes to ensuring that starving artists finally get the credit and cash they so deserve.
While blockchain technology and other mediums are gaining in popularity when it comes to monitoring the movement of art, there is no better means in which to ensure an asset’s validity and, therefore, value, than by adopting RFID technology paired with complimentary software systems as epitomized and executed flawlessly by Hanhaa.