How it works

2. Immutable ownership record

The unique digital certificate, which can be linked through a QR code or NFC tag to the product, is stored on a decentralized ledger together with the information of the owner. This ledger ensures that records are completely tamper-proof. Ownership transfers seamlessly, and all transactions are verifiable, creating an immutable history.

3. User-friendly functionality and resale commissions

Despite its complexity, the system offers a simple, intuitive interface for customers to access and manage their digital certificates and resell products securely. Additionally, a share of royalty payments can be set on each secondary sale, creating an extra revenue stream from resales.

1. Digital certificate and product passport creation

A unique digital certificate is generated upon manufacturing and linked to the product through identifiers, which may include a description, images, serial number, product’s sustainability information, and many others. The certificate would therefore serve not only as proof of authenticity, but also as a Digital Product Passport, thus aligning with EU directives.