What is Seal?

Seal Network is the best way for any person to inspect whether an item is authentic or fake. Seals include NFC chips, installed into physical products, Seal applications, and Seal Network to supply a quick, straightforward, and secure method to supply authenticity as well as various other services. By promoting a safe version of physical items, Seals enable product-specific solutions to run such as possession transfer, burglary avoidance, insurance coverage, however likewise brand name activation as well as product evaluation projects.

Seal Network enable brand names to make money every time their items alter owners. For the first time in history, brand names could generate income from items offered with scrap profession, while shielding their markets from counterfeiters. Utilizing the power of blockchain, credibility could be examined and also ownership could be transferred numerous years from currently, even if the product itself is quiet, as long as people add to the decentralized Seal network. Seals want to bring back self-confidence to customers and also make it possible for brands to communicate with their most widely-delivered clients in one of the most direct manner in which the internet has ever before seen. With each other, we construct a much better globe where customers value the innovative job of the maker and stop feeding the false economy.

Seal Network will use NFC tech

Seal uses a technology called NFC (Near Field Communication) which is a descendent of RFID (Radio Frequency Identification) technology.

NFC is used on credit cards and today’s smart wallets like ApplePay, Android Pay, and Samsung Pay. Android Beam, which allows people to transfer files between phones by simple holding them next to each other, is also using NFC tech.

Why do manufacturers choose NFC? It’s low power and it does not require a pairing code to link up two devices. Seal also uses Dynamic (Passive) NFC chips; passive chips use no power at all and have a lifespan of over 27 years even when accounting for weekly usage as wear and tear.

Tamper proof Seal

But what’s stopping counterfeiters from simply replicating the Seal chip? The default chip that Seal uses has 3 separate layers of 128bit AES encryption as well as other safe guards in place.

Every time the chips is interacted with it changes its state, and if used by the seal app it would update that state on the blockchain.

If someone tries to copy the chip, they would have copied an older state. The identifier on the blockchain would have a newer code and Seal will mark that product as tampered.

Initial Product Seal has actually developed a functioning version of the product. The Seal app works with Android as well as iOS (Apple iPhone 7 and also up). Current attributes include credibility checks, possession transfers and also stock monitoring. The product is scheduled to be downloadable in the Google Play Store and also Apple App Shop later on this year.

Present carried out attributes:

Android and also iPhone suitable
Credibility checks
Possession transfers
Inventory monitoring

Details & Token Supply:

Total token supply: 1,200, 000, 000
Token Type: SEAL
Token Price: 1 SEAL = 0.08 USD

Token Distribution:

41% Token sale
13% Team and advisors
7% Influence
22% Future operations
17% Future R&D

Crowdfunding Usage:

6% Initial startup
17% Marketing
28% Business development
18% Operations
23% Engineering
8% Legal

Seal intend to utilize the funds generated in the token sale as follows:

Seal aims to become the authority in the world of product verification, so they are trying to build trust among customers and producers alike. They decided to create an Ethereum based token to be used in the ecosystem. Seal tokens will be used to pay for the services both in the consumer and enterprise version of the app. You can pay for authenticity checks and ownership registration with these tokens, but there is a much bigger purpose in the works. Eventually, Seal wants Seal tokens to become a currency of trust and transform them into a means of purchasing products, prove their authenticity and register that you are the rightful owner of the item all at the same time.

SEAL TEAM

The first commercial products on the Seal network are planned to be deployed in the third quarter of 2018, with constant improvements and additions planned for long years after.

All experts agree that the problem of counterfeiting is something that needs to be dealt with as our civilization develops. For the long term future a solution needs to be there, and at first glance Seal is offering a safe and inexpensive one.

More Details About Seal Network and Seal Token Sale:

Official Website: https://seal.network
( BEWARE OF PHISHING! Seal only uses the domains seal.network and token.seal.network.Any other domains do NOT belong to them. )
Whitepaper: https://seal.network/seal-whitepaper.pdf
ANN Thread: http://bitcointalk.org/index.php?topic=2929809.0
Twitter: https://twitter.com/r/seal_network
Telegram: https://t.me/sealnetwork
Medium: https://medium.com/sealnetwork

Autor: https://bitcointalk.org/index.php?action=profile;u=1929962