Luxury Watches

Supply chains underpin the macroeconomy and global markets. Blockchainix provides next-generation solutions to achieve the interoperable exchange of transaction information, transaction history, and transaction statements in compliance with industry standards.

Watches Management

Allow users to register and manage luxury watches on the blockchain. The value of adopting blockchain technology can be taken from the fact that it has the potential to connect different ledgers and data points while maintaining the data integrity among multiple participants. The properties of transparency and immutability of blockchain technology make it useful for eliminating frauds in supply chain and maintaining the integrity of the system.

Exchanging/Trading

A simple click on “change of ownership” on an app will immediately and digitally transfer the watch’s certificate to each new owner. A QR code will be generated, and the new owner will scan it on his or her phone. As soon as the transfer is completed.

Sharing

Apart from the user no other users will be able to access the data from blockchain network. But you can show your watch to others.

Verification

Blockchain certificates serve to avoid paper authentication, which can easily be forged. Users can verify and view shared watches. All the transactions processed on the blockchain are immutable and irrevocable, further eliminating the risks of fraud.

Activity History

Show controlled document changes and ensure they are accurate, complete and up to date. The transparency of data can be seen in different aspects as firstly the system gives the users full transparency over who accesses their data, when and for what purpose and secondly the system allows the users to specify the purpose of data sharing, the kinds of data that can be shared, and which companies can access the data.

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