SEAL SQ’s Asset Security has developed a unique solution for tracking luxury items through the use of NFT technology. Each item is linked to a digital identifier that ensures ownership and authenticity, making it easier for brands to verify the legitimacy of their products. This technology allows for secure authentication with NFC-enabled devices, making it easy to track each item’s history on a blockchain ledger.
The VaultIC155 NFC secure element can be embedded in luxury items, providing an added layer of security and authentication. This innovative solution enables brands to issue digital certificates and validate them securely, ensuring the authenticity of their products. When a certified product is scanned, all relevant information is recorded on the blockchain ledger, creating a transparent and secure system for tracking each item’s history.
WISeKey and SEAL SQ hold over 46 patent families and more than 100 individual patents covering secure chip design, Near Field Communication (NFC), cryptography, and other areas. Their technology has been successfully used to secure various products worldwide, including jewelry, high-end watches, and art pieces. With this innovative solution in place, consumers can have peace of mind knowing that their luxury items are genuine and authenticated.