Technology

Instantly Submit, Track and Store Appraisals

The forthcoming Appraisal Bureau App combines Certified industry credentials with digital automation to provide our clients with the most innovative and accurate services available. Our proprietary technology allows us to efficiently collect, preprocess and analyze large datasets of artworks and digital assets, providing our clients with the most precise appraisals possible, typically in less than two weeks.

The Appraisal Bureau App is the easiest way to submit, track and store Qualified Appraisals of Fine Art and Digital Assets. Our third-party neutral regulatory-compliant valuations are optimized through digital automations and distributed ledger technology. Appraisals may be delivered directly to your account, or you may connect your Web3 wallet and mint a Non-Fungible Token, called ABtkn, to access appraisal reports stored permanently on Arweave.

Check back soon for updates on our technology.

ABtkn

ABtkn™ allows clients who opt-in to our Web3 solution to securely store appraisals on the Arweave network. This cutting-edge technology ensures that our clients’ appraisals are always accessible and verifiable, providing the ultimate peace of mind when it comes to the value of Fine Art and Digital Asset collections.

When stored on Arweave Appraisal Reports are immutable and tamper-proof, and can be accessed and verified by only holders of the appropriate permissions. The ABtkn NFT contains a unique identifier that points to the location of the Appraisal Report on the Arweave network. The report cannot be altered or tampered without leaving a permanent record on the blockchain. Our clients can request, track and store on the Appraisal Bureau App, with the option to receive Appraisals via an ABtkn.

Instantly register an account and request appraisals directly in the app. Refer to your Appraisal dashboard to quickly access reports.

What is Arweave?

Arweave is a network, like Bitcoin or Ethereuem, but designed specifically for data. As a fully decentralized protocol, Arweave is a permanent web inside an open ledger.

While blockchain networks rely on Proof of Work or Proof of Stake to verify data, Arweave's blockweave uses the far more energy-efficient Proof of Access. A random piece of data must be verified before a new piece may be added, therefore creating a web-like data structure. Digital file storage is paid only once, and via AR token into an endowment, which pays out over time.

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