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Non-fungible tokens are revolutionising the art world – and art theft Alex Hern UK technology editor © Provided by The Guardian Photograph: Christie s Auction House But while the new cryptocurrency craze may have brought the high-end art market into the 21st century, it’s also modernising another aspect of the industry: art thieves. At their simplest, non-fungible tokens, or NFTs, can be thought of as “bitcoin for art”. Just as bitcoin created the ability to spend and save a sort of digital money without any centralised authority, so too do NFTs allow for pictures, videos, music, or anything else that can be digitally represented, to be wrapped up in a format that can be traded, stored or authenticated without needing to turn to a gatekeeper.

Parker higginsKevin alexanderGuardian photographAuction houseAmazon primeTokenized tweetsBurned banksyபார்க்கர் ஹிக்கின்ஸ்கெவின் அலெக்சாண்டர்பாதுகாவலர் புகைப்படம்ஏலம் வீடுஅமேசான் ப்ரைம்எரிந்தது வங்கி