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Blockchain - Coggle Diagram

- - - - Blocks are "NOT interchangeable" (unlike bitcoin block) or "Non Fungible.
        
        Ethereum use case: Token
        
        Non Fungible Token (NFT)
        
        Proof of uniqueness of the token (since token is unique within Ethereum blockchain)
        
        Does NOT prove authenticity or originality of the art work
        
        Proof of ownership (since once Block is created/mined, it can NEVER be tempered)
        
        NFT usage: Art work market (primary and secondary)
        
        Trading mechanism
        
        Intermediation
        
        2 more items...
        
        Disintermediation
        
        1 more item...
        
        Art work examples
        
        Music
        
        3D,AR,VR
        
        Digital painting
        
        Motion art, animation
        
        Async art (programmable art)
        
        Parties
        
        Curator: Operates gallery, museum which is marketplace for artist's work (Supply) and art collector (Demand)
        
        Company: Commission artists to create art work
        
        Artist: Create art work
        
        Art collectors
        
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