Artfinity describes itself as an art traceability and security monitoring system based on blockchain technology. By recording the entire process of art creation from artists to the circulation of successive holders on the blockchain (using IoT equipment, NFC, and identification technology), the traceability system aims to eliminate the problem of fraud in the art market. Jueyi (http://www.jueyi.art) is an intangible cultural heritage art trading platform and was founded in Hong Kong in March 2018. It reportedly obtained the SFC Class VII License (Automated Trading Service) of the Hong Kong Securities Regulatory Commission, and claims to be the only legally compliant electronic trading platform for non-legacy industries. At present, Jueyi platform claims to have signed more than 300 inheritors of intangible cultural heritage.
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