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What is the “Empowering Australia’s Visual Arts via Creative Blockchain Opportunities” project about?

This project will contribute to the national economy by addressing the current problem of intellectual property rights infringement in the digital sphere where all forms of visual art are created, bought, sold, and traded. Policymakers, scholars, and Australian artists are all concerned about fakes, imitations, and the lack of trust and transparency in these global transactions. By working with change-makers such as the Australian Copyright Council, Copyright Agency, National Association for the Visual Arts, and Australian Network for Art & Technology, this project will show how the integrity of digital platforms on which artworks are listed and securely traded can be preserved. The aim is to protect the livelihoods of those engaged in the creative arts while safeguarding their contributions, which are forecast to generate $140 billion for the Australian economy by 2025. This initiative will also place Australia at the forefront of cybersecurity technology applications and prevent rising fraud in the wider copyright industries.

What does this mean in layman’s terms?

This means the project will be looking at the way we copyright artworks in the digital era, and aims to protect the intellectual property of artists, using blockchain (computing) technology.