A review of SEAL: An authentication platform powered by Blockchain
The concise overview
Every brand is a business and every business needs a protection from those who can replicate their ideas, structure and at the end their products. The top-notch brands have dedicated years of their lives to provide the maximum quality of their products and they will not like if someone will sell a fake thing to their loyal and potential customers.
Moreover, the customers need to know that they are spending their money on the right product. For example, if I bought a $100 dollars Nike sports shoes I need to know that if they are really Nike or if a girl has bought ZARA jeans she would like to know that they bought real ZARA jeans, not fake China jeans that has a ZARA print on it. So all these problems were in need of a solution, an effective and authentic solution and I am quite surprised as well as satisfied that Seal has made it possible for the first time in history.
So, what’s the technology?
How does it work? Does it even authentic? Is it legit? I'm sure these are the questions that are arising in your mind, well, I have answers to all these questions, so let's begin,
Yes! Indeed this new project is authentic and legit and it surely does perform very precisely.
The technology is simple the Seal network has introduced NFC chips, these NFC chip can get embedded with the brand’s product, it can be a fabric, a pair of glasses, a book, you name it, it can be attached everywhere and the customers will be provided with a code in the seal app for the specific products line in their phones. Simply put when they will put their phone near a product the NFC chip and phone will interact and will tell you if the product is genuine and not counterfeit. This is a brilliant technology and sure the potential brands and smart customers have observed value in this new startup project.
Now, let’s talk about the structure through which the seal app can allow the brands and the customers to interact together. So for that purpose, the seal company which is powered by Blockchain techniques and technology has introduced Seal Tokens.
What are seal tokens and how they work?
Seal Tokens are the utility cryptocurrency backed by Blockchain. This is a decentralized network which works with embedded NFC-chips which will be available for the use of consumers and as well as by brands as a payment procedure for the certain services for the loyalty system of Seal. Payments will be made by Seal tokens that can allow smoother transactions. This platform will provide a cost-effective and authentication platform for both the sellers and buyers.
The Seal tokens are made of the Ethereum (a cryptocurrency) network that is ERC20 compatible.
The sales for these token are expected to start at 13th of May 2018 and will be ready for the purchasing of its clients.
Roadmap
The concise conclusion
There's been a problem, a huge quality, most of the potential customers aren't able to get the real products of their favorite brands just because a lot of counterfeit products manufacturers are in the market, most importantly when a customer is buying a product from a brand at the international level, for example, if I buy an LV perfume in India so I want to know if I am getting a real LV perfume and the Seal project has created a system that can provide the authentic proof both for the customers and the manufacturers and I see value in it.
For More Information about SEAL Visit :
Website : https://seal.network/
Whitepaper: https://seal.network/seal-whitepaper.pdf
Bitcointalk Thread: http://bitcointalk.org/index.php?topic=2929809.0
Telegram : https://t.me/sealnetwork
Facebook : https://www.facebook.com/SEALnetworks/
Twitter : https://twitter.com/seal_network
Author details
Bitcointalk Username :- Cryptopal2