Seal Network protect the value of the world’s most beloved brands. Easily verify the authenticity of any product with a simple scan of a smart phone. Seal network is a blockchain based product verification and services network. Basically, Seal network aims to allow everybody the ability to quickly confidently and economically identify the verification of an item that’s Seal enabled and to claim to move the hold of it applying the Seal application.
Master plan – Phase 1
Infrastructure of Authenticity Seal’s investments in the platform will lay the groundwork for the world’s infrastructure of authenticity. This infrastructure is the basis upon which a service ecosystem can be built upon. Perhaps most notably, it would provide a way for brands to gather data and perform geographic and time series analysis on product streams. This is a leap forward in the maturity of insight-driven organizations. Other services are not limited to the previously highlighted services. In the future, Seal may further expand its service offering, for example with special customs and law enforcement software.
Master plan – Phase 2
Convergence of E-Commerce & Retail Seal has both E-Commerce and Retail applications. In retail, Seal can become a no-checkout method to pay for genuine products. Simply scan, pay and walk away. In E-Commerce, verifying and claiming the ownership of products could occur even before the product is shipped, or listed on sites like eBay or Amazon. Should the seller fail to send the product, the new owner can lock the product by marking it as lost or stolen.
Master plan – Phase 3
Currency of Authenticity Seal establishes itself as the currency of authenticity. The currency is optimized for transacting consumer goods. Using Seal to pay for products while directly claiming ownership provides both buyer and seller a guaranteed exchange of goods. With regular FIAT transactions, there is no way to tell with certainty whether (a) the product is genuine and (b) physical money / banknotes are not counterfeited.
Seal has developed a working product version. The Seal app is compatible with Android and iOS (iPhone 7 and up). Current features include authenticity checks, ownership transfers and inventory management. This product is scheduled for download on the Google Play Store and Apple App Store later this year.
Android and iOS compatible
Inspection of authenticity
Transfer of ownership
The Seal platform consists of several components:
Products with an embedded Seal-chip that uniquely identify physical products
The Seal-app installed on an NFC-compatible smartphone
The Seal-token which allows communication between the different parts of the platform
The Seal-network, an immutable blockchain database where each transaction is recorded and validated by its nodes
How does it work?
The Seal platform consists of several components, namely (i) products with an embedded Seal-chip that uniquely identify physical products (ii) the Seal-app installed on an NFC-compatible smartphone, (iii) the Seal-token which allows communication between the different parts of the platform and (iv) the Seal-network, an immutable blockchain database where each transaction is recorded and validated by its nodes.
Brands are the sole issuer of product-pairings on the blockchain. This way, brands can ensure exactly how many authentic copies are released. Disingenuous manufacturers are no longer able to produce imitations that can be passed off as authentic, because they cannot replicate the token.
Token Details & ICO Information
A maximum of 1.2b tokens will be minted and will never exceed this amount. No more than 492m tokens will be allocated for the token sale rounds. Discounts and bonuses depend on strategic partnerships and deal size.
Price: 1ETH = 7000 SEAL
Soft Cap: 33,000,000 Tokens
Hard Cap: 492,000,000 Tokens
Pre-Sale: 384,000,000 Tokens
Main Sale: 108,000,000 Tokens
Token Sale – 41%
Future Operations – 22%
Future R&D – 17%
Team Advisors – 13%
Influence – 7%
Meet the Team
Published By: Hurricanecol
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1576406