Revolutionizing Luxury Asset Ownership: SEAL SQ Employs NFT and Blockchain Technology for Authenticity and Transparency

SEAL SQ’s Asset Security utilizes NFT technology to provide a unique identifier linked to each item, ensuring ownership and authenticity. The VaultIC155 NFC secure element can be embedded in luxury items, allowing for authentication with NFC-enabled devices. This technology enables brands to issue digital certificates and securely validate them, confirming the legitimacy of the product.

When a certified product is scanned, information is recorded on a blockchain ledger, creating a transparent and secure system for tracking each item’s history. The concept of a “Product Birth Certificate” includes details such as manufacturing date and company information, offering a comprehensive view of the product’s life cycle.

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. This technology has been successfully used to secure various products worldwide, including jewelry, high-end watches, and art pieces.