All Public Art (APA) - A touch of Block-chain for the world of art

All Public Art or APA is currently as a liaison between 3 fields that have amazing potential! Block-chain, namely art and market participants, 3 fields need a touch of technological growth. Because with growing development and growth of the field are also needed touch tech that can offer added value to the market.

All art in usual there has to be a market where artist markets their art work. What sees options, alongside with the changing economic atmosphere and block-chain tech that’s currently in vogue. Who's able to participate in the success particularly in the world of art market!

A lot of worldwide economic factors affects the absorptive ability of the art, for instance, Dia-merika which has the biggest marketplace based on value. Growing equity markets and raising up property values, as-well-as the unemployment rate has an influence on the buying power of somebody in the art industry. In 18 alone, IMF boosted US GDP development expected to 2.6 percent in 2018 and 2.9 percent in 2019 due to the plus potential and resilience of the market.

APA uses the power of block-chain as a regulatory feature. Their mission is a part of a movement in tech named regtech, the app of tech to the usual regulatory features of compliance, auditing, and art market surveillance. The regulation of deal in the market now can be replaced by block-chain tech ability to guarantee the validity of the trade while confirming that hold of art and the ID records of artists are perfect and keep unchanged.

With the APA token and the making of platform’s API, they’re developing a new, effective and convenient way to deal art and track the history of arts. APA’s implementation of block chain tech will minimize counterfeit art, build faith with the market of art, and enhance art deal services and boost economic and social advantages in the worldwide art
community.

Block-chain Technology

Provides remarkable potential and is in line with a market of art because it enables P2P to artists, collectors and sellers and user alike while providing sales in a transparent way. This straightly minimizes bogus art work and cost changing the art market. Because it applied to be the auction house as a mediator to organize its sales, by offering a number of commission fees to the auction house. No longer need to pay fees for mediators involved in this deal. And the APA team confidently provides the option to be a member of the APA platform.

By utilizing the benefit of block-chain tech as an innovation in the market for art services that desperately requires something innovative & exciting. All Public Art uses block chain as a controller in the plan by applying technology named Regtech. The app of such tech covers in the procedure of compliance, auditing and the supervision of markets.

With the use of block-chain as a deal supervisor on the art market is hoped to guarantee the validly of deal while making During that art work owner status and ID of the Artist are correct.

For further info visit:

Website: https://allpublicart.io/
Whitepaper: https://allpublicart.io/whitepaper.pdf

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