Counterfeit goods have trademarks or logos that are identical or very difficult to distinguish from the original brand. The item mimics the brand features of the product in an attempt to impersonate the original product of the brand owner.
Counterfeit goods
The following are not allowed:
Products described as imitations, replicas, imitations, cloning, artificial, false, duplicate, or similar terms when referring to a brand name in an attempt to impersonate the original product of the brand owner
An unauthentic product that mimics the brand features in an attempt to impersonate the original product
Example: an unauthentic product that has a brand label or logo
The above information is just a few of the many examples that occurred in this period. And now we all need to be more careful in buying branded goods, do not be fooled or even big loss just because of the expensive goods but fake.
Everyone deserves what they pay. When you pay a high price for a branded product, you expect the product to be genuine. When you find that your purchase is generously generously copied or you will lose your trust in the brand. Both cases cause a loss of consumer confidence in the brand and / or retailer who sells counterfeit goods to you.
Frustrated by accidentally buying a Gucci handbag or a Hugo Boss suit, counterfeit goods can affect our lives in a lot more sinister, and even fatal way.
At Seal, we are devoted to protecting the value of the world's beloved brand. So we developed a product authentication platform that combines two cutting-edge technologies: blockchain and near-field communications (NFC).
Brands will find it easy to add Seal supply chain information into their production and distribution processes. Resellers will be able to integrate it into their ordering and selling systems quickly. Consumers will appreciate their ease of use and, of course, the assurance that they are buying genuine branded merchandise. Sellers in the secondary market will appreciate the trust given Seal.
Throughout the existence of authenticated products - Seal, each owner can formally register and claim ownership of the product for micro payment in Seal Token (SEAL), facilitating theft protection and insurance process.
Four components drive the Seal platform:
● The Seal Chip is embedded in a physical product to identify them and validate its authenticity
● Seal app, which anyone can install on an NFC compatible smartphone
● Token Token (SEAL) is a medium of exchange between different parts of the platform
● Seal Network is a unchanged blockchain database, nodes that record and validate all transactions involving products containing Seal Chip
The Seal Chip
The Seal platform uses NFC-compatible Seal Chips that brands can embed into any manufactured product effectively, securely, and discretely. Once a Seal Chip has been integrated into a product, the brand scans that product to register it in the Seal Network, thereby pairing it with its digital counterpart on Seal's blockchain. The Seal chip is a custom dynamic chip that generates a unique code with every scan.
Brands are sole issuers of these product pairs, so they can verify the quantity of authentic products they've manufactured and distributed. Counterfeiters can not replicate the SEALs that product pairings generate, so they will no longer be able to pass imitations off as authentic brand-name goods.
The Seal App
The Seal App is a free user-friendly mobile application that any consumer can install on their smart device. They can then use the app to scan any brand-name items containing the Seal-chip and instantly verify the authenticity of that product.
Wholesale buyers and buyers will also find the app when selling brand-name goods on secondary markets, where proof of authenticity will increase product value. As Seal's decentralized platform keeps an unalterable record of each product's origin and purchase history, securing seller reputation, while assuring buyers that they're getting genuine branded goods.
The Seal Token (SEAL)
Seal's ultimate goal is to establish its token, SEAL, as the currency of authenticity, optimized for the exchange of consumer products. In this way, SEALs are a medium of exchange. In the future this means that using SEAL can be claimed by ownership, but also to pay for products. With regular fiat transactions, there is no way to verify that purchased goods, and the cash used to buy them, are, without a shadow of a doubt, genuine and have not been tampered with. Using SEALs to pay for products provides both buyers and sellers a guaranteed and tamper-proof means of commerce.
The Seal Network
Nodes in Seal's blockchain database contain every detail about every product in Seal's blockchain database. In addition to validations of authenticity and transactions, the Seal-network also verifies proof-of-ownership. Buyers can register their seal-chip-embedded belongings to help prevent theft, recover stolen goods, and provide easily verifiable information to insurance companies.
A more powerful ally in the fight against counterfeiting
From royal stamps to QR codes, authenticity protection methods Throughout the ages have posed little to no challenge to counterfeiters.
The four components that make up the Seal platform work in harmony to prevent duplication and tampering. While counterfeiters could theoretically create duplicates of even the most secure chips, Seal Chips use a dynamic tap counter that detects tampering and cloning. When a customer taps a product containing a Seal Chip with their mobile device, the tap counter is automatically and securely connects them to the Seal Network, which informs them of the product's authenticity.
Out of love for creation
Seal helps you support the brands you love. At the same time, Seal respects and rewards the creators of luxury goods, protecting and increasing the value of the fruits of their craftsmanship and labor.
Seal's assurance of authenticity will be as important to shoppers as price and consumer reviews. Sellers that sell Seal-validated goods will strengthen their trustworthiness, helping their customer acquisition and retention rates increase. Perhaps most importantly, Seal will express greater appreciation for, and add value to, the efforts of the designers, makers, and all others who create wonderful products. Such motivation, driven by a love of creation, will inspire these talented individuals and teams to take the world's favorite brands to even greater heights.
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