Towards Designing and Development of an Artifact Storage and Trading Framework utilizing the Ethereum Blockchain

Abstract

Historic landmarks, antiquities, and museums showcase the area’s culture and history [4]. Archaeologists suffer from stolen items sold illegally, and many museums reject pieces from unknown sources and locations due to laws and ethics; as a result, many artifacts are destroyed and their identity is lost [4, 5]. Cutting-edge technology is one way to preserve our cultural heritage for future generations. The study’s findings improve the use of blockchain technology for cultural preservation, benefiting both public museum collections and private collections.Collectors can register their objects with unique serial numbers to trace them in museums and using smart contracts. Since its inception in October 2008 as part of an initiative called Bitcoin to create peer-to-peer money independent of lenders, Bitcoin has introduced strategies to help solve the problem of human trust in aging, core (blockchain) technology enables us to trust the system’s outputs without the ratification of a particular actor inside, and the information is permanently secured. To avoid these concerns, we proposed a blockchain-based artifacts storage and trade system.