SEAL | Combating The Fakes

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It is really a sad thing see a relative lose their life or good health especially when it could have been easily avoided, it is estimated that over 1 million people die each year because of fake drugs, these are deaths that would have easily be avoided if they could have verified the authenticity of the drugs before taking it. And this issue of fake products is not only restricted to the pharmacitical industry, it is a tumor that has managed to worm it's way into the very fabric of society, anything ranging from the tea we drink to the clothes we wear could be a counterfeit and we would not know.

Fake products has so many negative effects in the world today, it is not just restricted to a certain class of people, In theory it might seem so harmless, afterall you might be thinking, what harm could a fake Gucci do? It can actually cause a lot of harm, i remember reading about celebrities who were spotted wearing fake designers, they are so rich and famous and can afford the real products but the fact is that they fell victim to the plague of fake product because let's face the truth, there is presently no way to verify the authenticity if products we use because manufacturers of counterfeit products are very good at making it look like the real deal. It even has economic impacts because some genuine manufacturers are forced to close their doors which could render all their workers jobless.

As a consumer, have you ever wished there was a way to detect real goods to avoid counterfeit products that may be dangerous to your health? As a manufacturer, have you ever wished there was a foolproof way for you consumers to identify your products so that all fakes in the market can be avoided, which would lead to more sales for you? If your answer to these questions is yes, then i have good news for you, i am proud to introduce you to Seal.

Let's face it, Blockchain technology is the best invention in recent times, infact it is said to be the best invention after the internet, there are so many ways that blockchain technology can affect out lives because of it's transparent, secure and decentralised nature, Seal has deviced a brilliant and foolproof method of product authentification, Seal combines NFC(**Near-Field Communication) 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. It is quite simple actually, before buying a product with the NFC chip implanted in it by the manufacturers, you can scan the product with the Seal App to know if it's genuine or a replica. The Seal Network and NFC chips are tamper resistant.

The NFC chip, the Seal network and The Seal App would :
• Enable consumers to verify the authenticity of a product without fear of it being tampared.
• Enable consumers to claim ownership, which would prevent theft.
• Allow manufacturers to gain anytime the product is resold.
• Enable brands to track their products, which would reduce the number of duplicates.

Seal already has a working app, in the app you can presently perform authenticity checks and ownership registration, in the future, there would be other services available as well. All Seal services and products would be paid for with the Seal token, Seal also aims to be the currency in which products are paid for and in the future Seal would help brands build decentralised brand Apps(bApps) with their own logic and services attached to them, the Seal tokens can be used to interact with this apps.

Presently the Seal tokens are being offered in a tokensale, the proceeds from the tokensale would be used to refine the product and finance other development goals as well, below are the token and tokensale details

Token Ticker: SEAL
Token Type: ERC-20
Token Price: 1 ETH = 7000 SEAL
Soft cap: 33,000,000 SEAL
Hard cap: 492,000,000 SEAL
Presale 384,000,000 SEAL
Mainsale: 108,000,000 SEAL

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