Seal : Blockchain powered authentication for products

Brand and big names in production loss Millions of dollars because of product counterfeits. Counterfeits product have grown so good that nowadays you can’t even differentiate the real from the fake. This fake product doesn’t only cause problem to manufacturers and brands but also to the entire world as well. Fake product always targets the bigger market of products too. People will always go for it because they always come in lower prices. Consumers always fall into the trap because of the low price. I wonder when last I saw and original Nike shoe in market. This is rampant in the African market.
What if there is a way to spot a counterfeit and an original, with the seal project seal will provide a chip for manufacturers that can be put into each product so that whenever consumers get there product they can easily scan the product with the seal app and know if it’s an original or a counterfeit. Seal is changing how products market works by storing the product information on blockchain.

WHAT IS SEAL

Seal is the best way for anyone to check if a product is genuine or fake. Seal combines NFC chips, which are embedded into physical products, the Seal app, and the Seal Network to provide a fast, simple, and secure way to provide products authenticity and other services. By facilitating a secure tokenized version of a physical product, Seal allows product-specific services to operate such as transferring ownership, theft prevention, insurance, but also brand activation campaigns and product analytics. Seal lets brands earn money every time their products change owners. For the first time in history, brands can earn money from items sold through the secondhand trade, while simultaneously protecting their markets from counterfeiters. Using the power of the blockchain, authenticity can be checked and ownership can be transferred decades from now, even if the product itself is discontinued, as long as people contribute to the decentralized Seal network.
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The seal app will allow anyone to check how genuine the product they are buy is and this will put a stop to fake products in the market. There have been ways to stop product counterfeit before but none of them is effective through times, these fake product manufacturers have found one way or another to copy to details and copy even the product authentication. But SEAL will put a stop to this by installing a chip that will connect to the app whenever a consumer wants to scan the product. The Blockchain will hold all the information to the product since blockchain cannot be manipulated. Seal will also create within the app a way for manufacturers and owners of product to track the location of their product, also Manufacturers will earn whenever the product changes from one owner to another. The tracking system will also allow user protect their product when stolen product that are seal enabled can be marked as stolen in the app and anybody that wants to buy it will know it is a stolen good.

SEAL CHIP

Seal create a dynamic chip that will be imbedded in the product, this will be based on blockchain technology. The chip will change state whenever it is interacted with i.e. the verification information will change when it is verified, this will make it impossible to copy. The verification process will also be as easy because everyone carries their smartphone around.

SEAL APP

The SEAL app is on both android and ios this will make it easy for consumer to scan their product and know how authentic it is. Current features include authenticity checks, ownership transfers and inventory management. The product is scheduled to be downloadable in the Google Play Store and Apple App Store later this year.

HOW IT WORKS

SEAL TOKEN

Seal Tokens are used to pay for services by consumers and brands. The number of supported services will increase as we improve the platform. The current version of the app already provides authenticity checks and ownership registration. The table to the right displays all the features we have currently developed or scheduled. In the future brands might be able to pay customers for certain activities (e.g. via a loyalty system). Token details are as follows:
TokenSEAL
PreICO Price1 SEAL = 0.08 USD
Price1 SEAL = 0.08 USD
BonusAvailable
BountyAvailable
PlatformEthereum
Accepting
ETH
Minimum investment1 ETH
Soft cap3,000,000 SEAL
Hard cap33,000,000 USD
Author by: Naomikatarina
https://bitcointalk.org/index.php?action=profile;u=1263324

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