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

Helen Partz10 hours agoTHORswap back online 6 days after halt over detecting FTX fundsAccording to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceab
Ethereum Dencun upgrade lowers transaction fees for L2s
Robert D. Knight10 hours agoEthereum Dencun upgrade lowers transaction fees for L2sThe Dencun upgrade marks a change in tactics for Ethereum, encouraging growth through improved layer-2 support.577 Total views2 Total sha
GBTC hits lowest-ever $22M outflow, raising hopes for end to Bitcoin bleed
Jesse Coghlan2 hours agoGBTC hits lowest-ever $22M outflow, raising hopes for end to Bitcoin bleedGrayscale’s ETF bleeding has slowed again, while other funds have seen another strong day of inflows, lifting them to a
Bybit Migrates to Tether to Boost Liquidity. Here’s Why Best Wallet Presale Can 100x
Este artículo también está disponible en español. Bybit is now moving its options and future contracts to Tether (USDT) and will not issue new USDC contracts from Februar
Solana Welcomes Ethereum Prodigy – Is A Price Surge On The Horizon?
Este artículo también está disponible en español. Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his depart
Ethereum In 2024 Vs. 2025: What Important Technical Indicators Are Saying
Este artículo también está disponible en español. Crypto analyst Tony Severinohas drawn similarities between Ethereum’s price action in 2024 and this year. Specifically
FTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks — report
Tristan Greene3 hours agoFTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks — reportCurrent investors such as Google and Amazon are not considering purchasing the stake, according to the report
Dogecoin Price On The Move With $0.4484 Breakout in Bulls’ Crosshairs
Este artículo también está disponible en español. The Dogecoinprice is showing signs of renewed bullish momentum as the price sets its sights on the key resistance level
Marco Castrovilli8 hours agoHow AI is changing crypto: Hype vs. realityThe latest Cointelegraph Report assesses the value AI is bringing to the crypto industry by separating the hype from real use cases.528 Total views12
Bitcoin’s Rise Driven by Institutional Trading, Says Research and Investor Sentiment
Bitcoin"s Rise Driven by Institutional Trading, Says Research and Investor SentimentThe cryptocurrency bitcoin is trading at an all-time high relative to its social activity, explai
Crypto Fear and Greed Index Taps Low at ‘Extreme Fear,’ BTC Technicals Point to Uncertainty
Crypto Fear and Greed Index Taps Low at "Extreme Fear," BTC Technicals Point to Uncertainty On Wednesday, following the drop below the $30,000 region, bitcoin&rs
Former Google CEO Eric Schmidt Starts Investing in Cryptocurrency — Finds Web3 Economics ‘Interesting’
Former Google CEO Eric Schmidt Starts Investing in Cryptocurrency — Finds Web3 Economics "Interesting" Eric Schmidt, a former Google CEO whose net worth is $22.8 billion, reveals