Startbahn Releases the Chinese version of the White Paper for Startrail, Aiming to Spread Startrail as an Art Distribution Infrastructure
Startbahn, Inc. (hereinafter Startbahn) is excited to release the Simplified Chinese version of the white paper for Startrail, a sustainable and indispensable infrastructure supporting the development of the fine arts ecosystem by furthering its trust and credibility.
Startrail is an open infrastructure for the distribution and evaluation of artworks. Its design and governance structure that focuses on its social implementation and public nature is specifically designed not to undermine the credibility and value-creating processes that the art industry has built up over the course of history.
The Japanese version of the white paper for Startrail was released in October 2019, followed by the English version released in May 2020. Releases of these white papers aim to promote a deeper understanding of Startrail to potential users by disclosing details of its design and governance structure.
With today’s release of the Chinese version, we hope to reach a larger audience for its further understanding of Startrail and to lead to its use by artists and those involved in the art business globally.
Download the white paper (Japanese, English and Chinese) here:
◾️ About Startrail
Startrail is an infrastructure supporting the development of the fine arts ecosystem by furthering its trust and credibility with blockchain technology.
Issuing a SRR, we can record a variety of information on blockchain such as the basic information of the artist and artwork, its history, and a ruleset about its distribution and use. Not only can we use the SRR as an alternative to current paper-based artwork certificates and sales certificates, but also we can guarantee authenticity of artwork by utilizing trustable blockchain technology with its near tamper-proofness and high transparency. In addition, it will be easier to manage distribution of artworks because an artwork history and its ruleset including royalty-type revenue is automatically executed every time a transaction is made.
Startrail will be run by “The Startrail Consortium,” an organization led by Startbahn, to maintain independence and fairness of its public platform. In the future, we plan for this consortium to be jointly led by multiple experts, companies, and organizations.
Find more information about Startrail here:
◾️ Overview of Startbahn
Startbahn is a company that aims to realize a richer society by providing the technology needed by artists and people involved in art all over the world. We are promoting the development of Startrail, a blockchain infrastructure for art distribution and evaluation. We are also developing Startbahn Cert., a service using Startrail, and working on joint projects with other companies.
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PR: Risa Mizuno