Wednesday, June 13, 2018

Artists as cryptofinanciers: welcome to the blockchain



Sarah Friend’s Clickmine (2017) satirises clicking games

Art Basel is this year opening its doors to blockchain, the revolutionary technology behind cryptocurrencies such as bitcoin and ether. Art Basel’s Conversations programme includes Blockchain and the Art World, a group discussion on 14 June that features the leading digital artist Simon Denny, among others. On 13 June, a conference called Basel ArtTech+Blockchain Connect, organised by the New Art Academy with Forbes, is taking place at Messe Basel. Much of the focus on blockchain’s application within the cultural sphere has focused on its role in markets—it is, after all, fundamentally a financial creation. Ruth Catlow, the co-director of the London-based art and technology organisation Furtherfield, is one of the authors of a new book, Artists Re:Thinking the Blockchain (Torque Editions and Furtherfield). In her introduction, she writes that “one of the most important and hard-to-grasp characteristics of the blockchain is the way it puts finance, or its mechanisms, at the heart of every action in the digital domain”.