How SmartStamp is Reimagining Art Authentication with AI, Blockchain, and Stamps from Post Liechtenstein

• The global art market is valued at over $67 billion, while the luxury goods market is valued at $350 billion.
• Counterfeit products have caused significant financial losses, with the fashion industry losing $47 billion in 2020.
• Counterfeit art not only impacts market value but also erodes trust and diminishes historical significance.
• SmartStamp, a Swiss startup, combines AI and blockchain to authenticate and verify artworks and luxury goods.
• The mobile app allows users to create digital fingerprints of objects and store them on the blockchain for irrefutable proof of authenticity.
• SmartStamp offers options for managing verified objects, including allowing only certain individuals or communities to verify art.
• SmartStamp collaborates with Post Liechtenstein for art verification projects, including the creation of a SmartStamp fingerprint for physical postage stamps and the release of a physical-digital NFT stamp combination.

The article highlights the challenges of authenticity and provenance in the luxury goods and art market and presents SmartStamp as a solution using AI and blockchain technology. The sentiment is positive, emphasizing the benefits of SmartStamp in combating counterfeits and providing verifiable proof of authenticity.