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Seal is a blockchain-powered product authentication and service platform that provides product trust to consumers and manufacturers. Seal enables anyone to confidently, quickly and affordably verify the authenticity of any Seal-enabled product. Seal proprietary technology employs NFC-compatible Seal chips that can be efficiently, securely and decentralized bonded to any physically manufactured product. After the Seal chip is integrated, the product is paired with its digital counterpart on the blockchain. Authenticity can be verified instantly with a simple tap or scan with any smart device. Seal tokens are used for communication between different parts of the platform.
The Seal platform consists of several components, namely (i) products with an embedded Seal chip for unique physical product identification (ii) a Seal application installed on an NFC-compatible smartphone (iii) a Seal token, It allows communication between different parts of the platform, (iv) Seal Network, which is an immutable blockchain database where each transaction is recorded and verified by its nodes.
Brands are the exclusive issuers of product pairings on the blockchain. This way, brands can ensure that there is a precise number of genuine releases. Counterfeiters cannot continue to produce verifiable fakes because they cannot duplicate tokens.
Related links:
http://gold.cngold.com.cn/20180525d11141n241865581.html
https://www.chainwhy.com/coin/seal/
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