Blockchain-Based Shopify Plugin Ensures Consumers Receive Authentic Products

mauromar (73)in #news • 5 years ago

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Since online commerce is increasingly popular and comes from all over the world, it is not always easy to verify the authenticity of what we buy.

A San Francisco startup, called "Real Items Foundation", is testing a blockchain-based Shopify beta to guarantee the authenticity of its products.

This plugin, a combination of blockchain technology and a cloud-based application called "TAM," allows brands to generate non-fungible tokens (NFTs) linked to physical assets.

In this way, consumers who buy a product that contains an NFT can scan that item to verify its authenticity.

You do not need to download any application simply scan a QR code and verify the authenticity of an article.

Source: cointelegraph.com, read original article
https://cointelegraph.com/news/blockchain-based-shopify-plugin-ensures-consumers-receive-authentic-products?_ga=2.117541705.1747188543.1580132181-1546704146.1548862469