Credit: Tobias Wootton, Jonas Zilius
Daito Manabe (JP), Yusuke Tomoto (JP), 2bit Ishii (JP)
Chains is an interactive installation dealing with the bitcoin cryptocurrency. Based on experiments with automatic trading systems, the artists developed a system to visualize and thereby study the principle of block chains.
The participants can experience fluctuations in bitcoin values via sound and images in real time and interact with an automated transaction algorithm enabling them to manage bets and receive virtual payments according to their bet. In doing so the installation also raises critical questions about contemporary finance and trading systems.
Chains was developed at ZKM of Karlsruhe, Germany and was exhibited at GLOBALE: New Sensorium. It is an evolved version of the 2013 traders installation that was developed as a follow-up project and visualized Tokyo’s stock market live.