Introduction
If this is your first time reading about a Seal project, let me introduce you to the whole story just a little.
Seal Vision is to place special chips inside a luxury product or quality that is created to protect and guarantee its authenticity. If you want to buy a woman's handbag by Chanel or iMac already used for sale at internet auctions, you may have to pay a decent price for it because it must be a genuine good product from a worldwide famous brand, right? But how can you be so sure that your money has been used for the purchase of the original product and that your money has been used not as support for the brand or people you like and admire, but for the fake that looks so real, that maybe you did not even bother ? But that's the point. Some people are caring, some are not, and caring people are also people who, by giving their money for some types of products, also send private messages to the brand of their choice that they support one particular craftsman, a tailor or a company with a "half-bitten apple" on their logo. It's not always about money, but about the fact that you want to be part of the community and the dream that you end up having something you like, has been taken from you.
Background
The source seal creates a decentralized app that allows anyone to check whether a brand or product that a seal is enabled is genuine or not. This is to protect the brand from counterfeiters. Seal creates dynamic chips built in blockchain, which change the status every time it interacts or is scanned. Thus the activation information is neither offline nor static but dynamic and stored in blockchain. This makes it not easy to copy as data verification verification as soon as it is verified or scanned.
Seal is a Dutch company, and the NFC chip is manufactured by the NXP chip company, which is also based in the Netherlands.
What is Seal? Seal is an authentication and service platform generated by blockchain that will provide trust to consumers and manufacturers. Seal allows everyone to verify the authenticity of Seal products are activated safely, quickly and economically. The patented technology uses seal sealing compatible NFC chips that can be integrated effectively, safely and quietly with manufactured physical products. After seal chip integration, this product is combined with a digital partner in blockchain. Instant authenticity verification with simple touch or scans with any smart device.
How it works
In simple words, the entire process of scanning the goods is instantaneous. Simply to open a custom app and bring the phone to the chip on the product, the required information will appear on your device. Brands may charge a small additional fee, depending on the additional products and services and functions provided by the chip. This will be very helpful in the fight against impure entrepreneurs, who produce fake copies of famous brands and damage their reputation.
Consumers will also remain satisfied, as it is guaranteed to receive the tangible product of a loved brand. In the secondary market, the sale of branded products will not complicate the traders. You will benefit from fraud in the form of confirmation of the authenticity of your merchandise. Thus, brands can still sell their products in the secondary market, where sellers themselves will also be satisfied.
Seal token holders receive additional benefits in the sense that they can pay for goods with their tokens, and at great discounts. This is how the app looks on the phone, in no time you can test it yourself.
Here I want to talk briefly about the useful additional functions of the project.
Opposition to theft. Chips embedded in the product can not be unloaded without ruining the look of branded things, it will make it easier to define the facts of theft even without phone help.
Search for lost items. Chips can also tell the owner of their purchase location items. This will help you easily recover lost items. Or, the person who discovered your loss can easily identify the owner and help return it to you.
The scope of fantasy is huge, with this chip you can come up with lots of ideas and share with the developers. I am sure they will appreciate any effort to assist in the promotion and modernization of their projects.
Protection of the authenticity of collectibles. We all know very well that for every rare thing there are a thousand fakes, and very similar to the original. This project will identify the original goods.
SEAL tokens
The source seal is built on the standard token ERC20. This is used for payment of all services offered by seals. It is also used to pay for consumer and brand services.
The Token Details:
Token Utility Token Utility is used to pay for consumer services and brands. The number of compatible services will increase as we upgrade the platform. The current version of the app already provides authentication verification and registration properties. The table below shows all the features we've developed or are being programmed. In the future, brands may pay customers for certain activities (for example, through a loyalty scheme).
Money of authenticity The ultimate goal of Seals is to become the currency of authenticity, currency optimized for the exchange of consumer products. In this way, Seal of the Seal is an exchange tool. It does not appear as a service because it does not require additional fees. If used in this way, tokens can be used as currency to pay for products directly. Product purchases with Seal Tokens claim property directly, while payments to sellers are made simultaneously through blockchain.
The use of Seals to pay for products provides buyers and sellers with a guaranteed exchange of goods. With regular confidence transactions, there is no way to know for sure whether (a) the product is genuine and (b) the physical silver / notes are not fake. Token Stamp is a currency optimized for consumer goods, a very powerful feature in the second-hand market. Country currencies such as USD or EUR are primitive to Seals and their strong properties as a means of symbolic exchange and utility.
Decentralized Apps for Seal Brands will help brands manage their own decentralized apps for their products on the Seal Network. The tokens buffer can be used to interact with decentralized branded apps (bApps), each with its own logic and related services. We visualize the future in which all major brands communicate with the Seal network, where postage cards serve as a means of communication between the Seal and bApps networks.
Value Creation The value of the label ecosystem is tied to a brand that places their product on the Seal network. Each service within the cap network imposes a service charge. Brands determine the transfer price of a property to adapt to their product, strategy, and brand image. The higher the value captured and protected by the Seal chip, the higher the value of the entire network. This will depend on the total volume and value of these assets.
The Network Utility Utility Token Seal increases as more brands adopt the platform. Describe how the effects of network utilities improve, the classic example is the telephone network where the first telephone utility in the network is low, but it becomes more useful as more and more people start using the phone. The effect of the network will affect the value of the Seal, for the same reason that the increased use of Bitcoin and Ethereum has had an impact on their respective values. As more brands use Seal and more services are available within the Seal network, token consumer adoption will increase as demand grows. Over time, more and more products will reach the secondary market, where they are
The required TokensStamp card is required to enter the ecosystem. The sealing token feeds the Seal network. They allow inexpensive micro payments between Seal networks, consumers and brands.
Future use Depending on future developments and regulations, additional properties can be added to tokens. This property may include options or other incentives for the token holder.
For more information
Website: https://seal.network
White Paper: Link https://seal.network/seal-whitepaper.pdf
link Bitcoin Talk: https://bitcointalk.org/index.php?topic=2929809.0
telegram link: https://t.me/sealnetwork
Author: Adikusnadi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile
ETH wallet address: 0x1b1d7A5D27aFA9084E9D38765F20ed9fE96e6050