INTRODUCTION
From fake handbags to mock medicines, counterfeit goods business is one of the largest underground industries in the world and it is rapidly growing. With features such as
I. cheap overhead
II. high profits
III. and cloak-and-dagger business style, these global black market industries are here to stay. A counterfeit good is simply a product that closely resembles another product in order to trick customers into buying.
Counterfeiters attract buyers by offering products similar to the original and then lower the price. There is also the case of midnight shifting where legitimate manufacturers of a brand name makes unpatented copies of the product during off-production hours and sells into the market straight.
Although a lot of anti counterfeiting methods are in place, such as watermarks, and invisible ultraviolet inks, but anti-counterfeiting remains a terrible thing between perpetrators and security experts. SEAL has come with an online verification approach that makes it impossible to duplicate data using blockchain and dynamic chip.
With SEAL, verification of the product’s authenticity is now made easier than before. With just the tap of a smartphone, the genuineness of a product can be established immediately.
WHAT IS SEAL
SEAL is an anti counterfeiting software that seeks to checkmate the actions of counterfeiters by incorporating NFC chips into products which can checked using a user-friendly application on compatible smartphones as well as a seal hub of blockchain information bank and seal tokens.
Seal has developed a very versatile application that comes with authenticity verification, ownership devolvement and history management and the application is available on Google Play Store and Apple App Store for download.
SEAL uses Near Field Communication products that are interpreted as s information on chips, which is a type of radio frequency identification (RFID) markers. RFID is means of customizing a particular product using the radio waves. It is a type of High-Frequency (HF) radio waves that run at high frequencies.
PRESENT CHIP TECHNOLOGY
Presently, chips work on AES cryptographic validation and makes it possible to automatically and safely link to an online service by just clicking on the tag with no Need of a special application on the NFC compatible smartphone. The chip an work with digital signatures and mutual validation. It produces special communication to individual users with respect to the preset criteria.
The chip is used to establish uniqueness, ingenuity and tangible tag availability are required. Seal chips are easy to use abdvxan work with Android and Apple software platform.
SEAL NETWORK
The seal network uses Ethereum Blockchain where the Seal token is a software developed on Ethereum that acts alongside NFC-chips. SEAL seeks to be the one-stop basis which several persons can trust to get authentic products be it newly purchased or fairly used ones.
Upon thorough checking of the blockchain terrain, Ethereum has been selected to start seal. The decision to select Ethereum was based on the scalability, smart contracts and technicians that are available.
SEAL ARCHITECTURE
The SEAL architecture is trifurcated. It consists of the API-Gateway, Microservices and Blockchain.
The API-Blockchain
The API is the major means of using the SEAL Network. This pathway delivers requests to the relevant microservices. This makes it simple to replace and enhance the working basis, without sacrificing backward compatibility with earlier versions of Seal applications and other API users.
Microservices
Microservice architecture offers a dynamic and effective means of establishing and using software. Microservice divide big applications into relatively smaller parts which can work by themselves. Each of these parts focusses on a task and executes it thoroughly. With this, a lot of work is devoted to developing, mobilizing and upgrading the SEAL network to a compact, easier-to-handle and more disparate bits.
Blockchain
Every information about a particular product, such as the information references, photographs, details about the brand, inventory of ownership, supply chain details and other peculiarities are saved up using the Ethereum blockchain.
TOKEN SALE AND USAGE
Customers wishing to obtain SEAL protection as an anti-counterfeit security for their products can make payments with SEAL tokens. More services will be able to use token to complete transaction with time. Presently, the application offers authenticity validation and owners have to register. In later time, companies will be able to pay customers for some activities.
Currency of Authenticity
The chief aim of SEAL is to be the prime currency, one that is most suited for the transaction of consumer goods. By this, SEAL Token is a means of exchange. It is not counted as part of the services since it attracts no extra charges. If utilized like this, products can be bought directly with the Seals Tokens. Buying products using Seals Token straight- -up ascertain ownership but paying to the seller happens concurrently through the blockchain.
Paying with Seal for products offers both the buyer and sellers a secured exchange of products. With constant fiat money exchange, you can’t ascertain the originality of the product and whether the cash being paid are not counterfeit notes. The SEAL Tokens is a currency that is mist adapted for trading consumer products, a very vital feature in secondhand transactions.
Token Ticker: SEAL
Token Type: ERC-20
Token Price: 1 ETH = 7000 SEAL
Soft cap: 33,000,000 SEAL
Hard cap: 492,000,000 SEAL
Presale 384,000,000 SEAL
Mainsale: 108,000,000 SEAL
TEAM
FOR MORE INFORMATION, CLICK ON THE LINKS BELOW
Web page: https://seal.network
Whitepaper: Link https://seal.network/seal-whitepaper.pdf
Bitcoin Talk link: https://bitcointalk.org/index.php?topic=2929809.0
Telegram link: https://t.me/sealnetwork
BITCOIN TALK PROFILE LINK -https://bitcointalk.org/index.php?action=profile;u=1569887;sa=account