Applied DNA Sciences Inc (APDN)

[apdn1mill]

APDN working with ARIS to insure authenticity. Another vertical APDN doing pilots.

In order to confront and preempt future title issues, ARIS invested in a center at the State University of New York at Albany that will use technology to mark art objects. This initiative aims to devise an authenticity standard on which property insurers, museums, foundations and artists rely. ARIS anticipates that placing a mark on a fine art object will mitigate risk for insurers, thereby potentially lowering premium costs for insureds. Using modern methods from DNA markings to nano-technology, a team of scientists, art historians and legal experts will work collaboratively to develop a standard of authenticity for fine art, which will bear markings, in the form of a synthetic DNA liquid, identifying their unique characteristics. ARIS will not own the mark, as third-party entrepreneurs will create and sell them, but it is advocating for establishing an authentication standard because it recognizes the benefit of clarifying an artist’s legacy. The anticipated launch date for this initiative is pending

http://itsartlaw.com/2014/10/28/spotlight-aris-title-insurance-corporation/