Pioneering artist and Cultural Medallion winner Ong Kim Seng is one of Singapore’s most recognisable artists, known for his fluid and vivid water-colour paintings of city scenes. Even with such a distinctive style — or perhaps because of it — Ong has a strong commitment to authenticity in his work.
“I have had agents from all over the world calling me to verify my paintings,” says Ong. “When a well-known painter friend saw someone impersonate his work, that got me thinking.”
When he found out about Web3 and technologies like non-fungible tokens (NFT), where digital data is stored in a blockchain, from his children, Ong became interested in harnessing it to preserve his art while protecting his legacy.
He recently teamed up with VaultV — a blockchain-based project managed by technology company OTECH — to create NFTs of some of his paintings that are available at the Web 3 marketplace, Opensea. The NFTs function as a digital certificate of authenticity and the physical artwork can also be redeemed by buyers.
“VaultV digitally certifies the authorship of the artist off-line and online through the use of blockchain technology. The NFTs are linked to the physical paintings. Buyers purchase the physical piece, and the digital certificate authenticates the authorship of the painting,” says Lionel Otsuka, CEO of OTECH.
“Due to the immutability of encrypted blockchain transaction records and the digital signature for each artwork, the proof of authenticity will remain valid over time.”
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Denne historien er fra August 2022-utgaven av The PEAK Singapore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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From Screen to Store
Heini Zachariassen, founder of global wine rating app Vivino on how its first retail store in the world brings data-driven curation to wine lovers.
In the Dining Spotlight
Renowned Dutch chef Sergio Herman, whose name has been associated with the Michelin Guide in the Netherlands and Belgium, is expanding his Asian footprint with his Singapore outpost, Le Pristine in Grand Hyatt Singapore.
All for One
How would you navigate a corner if you were hearing-impaired or enjoy school if you were on the spectrum? These architects posit that inclusive design must be part of mainstream standards to improve overall living environments.
Pods and Swirling Staircases
This quirky and playful home designed by Park Associates is shaped after its owners, a young family with three children.
Stories Behind the Kebava
Sufiyanto A. S., one half of the duo behind the Kebaya.Societe Instagram account, has had enough of seeing Malay identity erased and forgotten.
Good to Go
Driving classic Jaguars on the legendary Goodwood Motor Circuit is all the magic a motorhead needs.
Seasons of the Snake
Japanese architect Tadao Ando once again works his magic for Bvlgari, with the Serpenti Tubogas as an artistic canvas for nature's cyclical transformation.
Phoenix Rising
One gutsy retired pharmaceutical executive rescued two-century-old Swiss watchmaker Bovet, and today, its presence is stronger than ever in Southeast Asia.
Con Amore, Leggiero, Presto!
Chan Weitian injects new insights into Presto Drycleaners, blending operational innovation with time-honoured values.
Preserving Paradise
Gaya Island Resort takes eco-tourism beyond the expected, blending conservation efforts with authentic luxury.
