What is Seal? Seal is an authentication platform and services produced by blockchain that will give confidence to consumers and manufacturers. Seal allows anyone to verify the authenticity of any Seal activated product safely, quickly and economically. Seal's patented technology uses NFC-compatible sealing chips that can be efficiently, safely and discretely integrated with any physically manufactured product. After the integration of the Seal chip, the product is combined with the digital counterpart in the blockchain. Verification of authenticity is instant with a simple touch or scan with any smart device.

The Seal platform includes several components:

Products with a built-in Seal chip that uniquely identifies physical products2) Seal-app installed on an NFC-compatible smartphone 3) Seal-token that allows communication between different parts of the platform 4) Seal-network, a immutable blockchain database where each transaction is registered and validated by its nodes.

Brands are the only issuer of product pairs in the blockchain. In this way, brands can guarantee exactly how many authentic copies are published. Fake manufacturers can no longer produce imitations that can be transmitted as authentic because they can not reproduce the token.

Token Utility Utility Tokens are used to pay for services and consumer brands. The number of compatible services will increase as we improve the platform. The current version of the application already provides verification of authenticity and registration property. The table below shows all the features we have developed or are currently programming. In the future, brands may pay customers for certain activities (for example, through a loyalty scheme)

Money of authenticity The ultimate goal of Seal is to become the currency of authenticity, a currency optimized for the exchange of consumer products. In this way, the Seal of the Seal is a means of exchange. This does not appear as a service as it does not require any additional charges. If used in this way, tokens can be used as currency to pay for the products directly. The purchase of products with Seal Tokens claims the property directly, while the payment to the seller is made simultaneously via the blockchain.

The use of Seal to pay for the products provides the buyer and the seller with a guaranteed exchange of goods. With periodic fiduciary money transactions, there is no way of knowing for sure if (a) the product is genuine and (b) the physical money / banknotes are not counterfeited. The Token Stamp is a currency optimized for consumer goods, a particularly powerful feature on the second-hand market. Sovereign currencies such as USD or EUR are primitive to Seal and its powerful properties as a means of exchange and symbolic utility.

Decentralized Applications for Seal Brands will help brands set up their own decentralized applications for their products in the Seal Network. Buffer tokens can be used to interact with these decentralized branded applications (bApps), each with its own logic and associated services. We visualize a future in which all major brands communicate with the Seal network, where stamp cards serve as a means of communication between the Seal network and the bApps.

Value Creation The value of the label ecosystem is tied to brands that place their products in the Seal network. Each service in the stamp network costs a service fee. Brands decide the price of property transfers to adapt to their product, strategy and brand image. The higher the value captured and protected by Seal chips, the higher the value of the entire network. This will depend on the total volume and value of these assets.

Network Effects The utility of Seal tokens is increasing as more brands adopt the platform. Explain how network utility effectsimprove, a classic example is a telephone network where the utility of the first phone in the network is low, but becomes more useful as more people start to use phones. The effects of the network will affect the value of Seal, for the same reasons that the increasing adoption of Bitcoin and Ethereum has had an impact on its respective value. As more and more brands use Seal and more services are available within the Seal network, consumer adoption of the token will increase as demand increases. Over time, more and more products will reach the secondary market, where they

The required TokensStamp cards are required to enter the ecosystem. The sealing tokens feed the Seal network. They enable low-cost micro-payments between the Seal network, consumers and brands.

Future use Depending on future developments and regulations, additional properties may be added to the token. These properties could include voting rights or other incentives for token holders.

For more information

Web page: https://seal.network

White paper: Link https://seal.network/seal-whitepaper.pdf

Bitcoin Talk link : https://bitcointalk.org/index.php?topic=2929809.0

Telegram link: https://t.me/sealnetwork

Author: Cristina ngocok

Eth Address: 0x00F68A79bF71103ab23794C973F92e8dC66DB429