Bounty Hunter: SEAL

SEAL.NETWORK - A New Revolution In product Authentication.

WHAT IS SEAL ?

Seal is a platform and service authentication blockchain powered product that will give consumers and producers product confidence.

Seal allows anyone the ability to confidently, quickly and economically verify the authenticity of any product that Seal is enabled.

Seal exclusive technology uses NFC compatible Seal chips that can be effectively, safely and freely combined with physically produced products. After seal chip integration, the product is paired with a digital partner on the blockchain. Authenticity verification is instantaneous with a simple tap or scan with any smart device.

Because of Love for Creation

The world is full of creators, designers, scientists, programmers, and makers. They dedicate their lives to give the best for us.

Buy With Confidence

Make sure you get the product you expect. Get to know genuine products from fake.

Against Counterfeiting

Make the world a safer and better place. Against the financial support of cartels and hazardous products.

Keep the Value

Increase product value by adding supply chain information and confidence in the secondary market.

SEGEL EXPLAINED

How does it work?

The Seal Platform consists of several components, namely (i) a product with an embedded Seal-chip that uniquely identifies the physical product (ii) the Seal application is installed on an NFC compatible smartphone, (iii) Seals that enable communication between different parts of platform and (iv) Seal-network, unchanged database blockchain in which each transaction is recorded and validated by its vertices.

Brand is the only publisher of the product pair in blockchain. In this way, the brand can make sure exactly how many authentic copies are released. Dishonest producers can no longer produce imitations that can be passed as authentic, because they can not imitate tokens.

CONNECTED WITH THE BRAND

the gateway to the original product.

Seals are your gates to leave fake with the damaging effects in the world and get genuine products from brands you like and support.

IMPACT

Scope Issues

Loss of Confidence

People lose confidence in the product due to forgery. Low-quality and dangerous products are sold as genuine, ignoring the welfare and safety of others. Brands get a bad reputation for counterfeit products and people can not sell their goods in the secondary market. It is harder for people to recognize counterfeit goods from outside, but the quality of the product never lies.

Impact

Goods worth $ 2.8 trillion are forged each year. One in five products made in China is a clone. Not only fake clothes, shoes and bags, but also airbags, plane parts and drugs are being forged. This is a big problem for business, politics, and international people.

WORK

Business Model

Brands get charged every time new transactions are stored in blockchain for one of their products. This is how brands not only justify the cost of fixing their products with Seal-chips, it gives them an entirely new stream of profits from transactions made in the secondary market.

TOKEN UTILITY

Utilities

Seal Tokens are used to pay for services by consumers and brands. The number of supported services will increase as we upgrade the platform. The current version of the app already provides authenticity checks and ownership registration. The table on the right shows all the features we currently develop or plan. In the future, brands may be able to pay customers for certain activities. This service is offered through brand tokens.

Currency of Authenticity

Seal Tokens can be a medium of exchange. Token Seals can be used to pay for products other than pay for services. Seal-enabled product purchases require the use of tokens for transferring ownership to buyers and paying the seller must occur simultaneously. The Token seal acts as an optimized currency for transacting consumer goods. Using Seals to pay for products while claiming ownership directly provides buyers and sellers of guaranteed exchange of goods. With regular FIAT transactions, there is no way to tell exactly whether (a) the product is genuine and (b) the money is not forged.

Decentralized Apps For Brands

Seal will help brands set their own decentralized apps for their products on Seal Network. Seal Tokens can be used to interact with these decentralized brand applications (bApps), each with their own logic and services attached to it. We envision a future in which all major brands communicate with Seal Network where Seal Tokens serves as a communication medium between Seal Network and bApps. Brand contracts are used to ensure that brands are the major publishers of their products while keeping the Seal Network decentralized.