Fun

News Feed - 2023-08-01 05:08:00

Tristan Greene3 hours agoResearchers develop blockchain verification service for cultural artifactsA combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting.913 Total views4 Total sharesListen to article 0:00NewsJoin us on social networksComputer scientist Adel Khelifi, of the University of Abu Dhabi, and archaeologist Mark Altaweel, from University College London, recently announced the development of a Web3-based verification-as-a-service model for determining and recording the authenticity and provenance of cultural artifacts. 


Called Salsal, the big idea behind the service is to bridge the world of historical artifacts with an on-chain validation system that can’t be fudged or cloned.


In an email interview with Cointelegraph, Altaweel said Salsal would be offered specifically to “cultural heritage organisations.”


Related:TemDAO world heritage project helps cultural sector through democracy-fueled donations


There currently exists no official globally recognized registry for items of historical significance. Despite this, most territories have laws governing the procurement, collection, trade, buying and selling of artifacts of cultural significance, especially when they’re discovered on public or protected land.


Some of the most historically valuable artifacts known to exist remain unaccounted for. Missing treasures, such as the Honjo Masamune and the Crown Jewels of Ireland, have been lost to time and, in many cases, theft. And countless others have been looted from historically significant sites over the years before experts could even catalog them.Prior to Salsal, project co-leads Altaweel and Khelifi worked together on research using AI to identify looting at historically significant sites. Source: Altaweel, et al


The team behind Salsal hopes to address some of these concerns by creating what’s essentially a protocol for identifying, grading and recording information about specific artifacts using a suite of technology tools.


When a cultural heritage organization has its collection validated, it uploads images and descriptions to the service. A group of experts then use a process similar to the one used by the Museums Association to grade the artifacts on a five-point scale.


According to the Salsal website:“Once proven to be legitimate, the Collector can turn it into an NFT which is a Non Fungible Token. We use NFTs as their data is stored on the Blockchain and is immutable, allowing us to document the transfer of ownership accurately.”


Ultimately, the researchers hope to see mass adoption of their service. They envision a paradigm where curators aspire to have their collections validated via Salsal as a matter of verification — something that might be akin to having a rare collectible such as a comic book graded by a commercial validator.


There are already databases containing information on historical artifacts, but a unified database running on an immutable blockchain could help thwart theft and looting by requiring sellers and curators to document provenance.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.# Blockchain# Web3# NFT# HistoricalAdd reactionAdd reactionRelated NewsWhat are NFT royalties, and how do they work?How blockchain is transforming fundraising for startups and entrepreneursWe need to fundamentally change how smart contracts operateWhere Web3 games have gone wrong — and how to fix itA new age in investing: The transformative power of asset tokenizationTravel will create a new wave of Web3 mass adoption: Here’s how

News Feed

Brayden Lindrea6 hours agoSalvadoran pro-Bitcoin President Nayib Bukele launches reelection bidDespite Bukele’s popularity, some critics argue he isn’t eligible to be reelected under El Salvador’s constitution.2046
Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for Expansion
Decentralized Finance Startup Focused on Bitcoin Cash Raises $1 Million for ExpansionOn May 7, the decentralized finance (defi) startup General Protocols revealed the team has raise
William Suberg14 hours agoBitcoin bulls ‘have work to do’ after XRP price spikes 104%Bitcoin may have tagged new yearly highs, but BTC price performance still needs to prove itself with a range breakout, traders argu
William Suberg14 hours agoBitcoin dominance hits 3-month high as ‘hammered’ altcoins risk diveBitcoin price action wobbles but recovers without new lower lows, while altcoins suffer, with traders eyeing potential sho
Over $500 Million Wiped Out From The Market As Bitcoin Price Fluctuates Heavily
Este artículo también está disponible en español. Traders have had a torrid start to the week, as over $500 million has been liquidated from the crypto market in the las
Derek Andersen22 minutes agoUS House Republican committees introduce joint digital assets billThe House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gill
Goldman Sachs Launches Data Service to Help Investors Analyze Crypto Markets
Goldman Sachs Launches Data Service to Help Investors Analyze Crypto Markets Global investment bank Goldman Sachs has launched a new data service in collaboration with MSCI and Coi
Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations
Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17
Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets
Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets The number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurren
Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application
Anchor Nips at Aave"s Heels as Defi Protocol Becomes Second-Largest Lending Application While the decentralized finance (defi) platform Anchor Protocol’s native digital asse
Report: UAE’s Emirates Airline Set to Use ‘Bitcoin as a Payment Service’
Report: UAE"s Emirates Airline Set to Use "Bitcoin as a Payment Service" One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add
The Many Facts Pointing to Chainlink’s Sergey Nazarov Being Satoshi Nakamoto
The Many Facts Pointing to Chainlink"s Sergey Nazarov Being Satoshi Nakamoto During the last few years, smart contracts and blockchain oracles have transformed t