Authentic Seal System for Ownership Verification
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Solution Overview
Problem
There is a need for authenticating the originality and ownership of items, particularly for rare collectibles and pharmaceuticals, to prevent fraud and ensure secure transfer of ownership, as existing methods lack effective mechanisms for maintaining a chain of title and verifying authenticity.
Innovation Solution
A system combining a physical seal with an authentication system, where a container with a sealed token or replica of the item is used, along with a database to record ownership, allowing verification of authenticity and chain of title, enabling secure transfer without physical possession and ensuring legitimacy of the item's source.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If a physical seal system is implemented to authenticate items and maintain chain of title, then reliability of ownership verification is improved, but device complexity increases
Solution Approach 1:
The authentication system is segmented into distinct functional components: a seal portion that physically seals the container, a token portion that contains authentication data, and a database system that stores and verifies ownership information. This segmentation allows each component to perform its specific function reliably while maintaining overall system manageability despite the increased complexity.
2Ease of operation
If a sealed container system with tokens is used to prove ownership without physical possession, then ease of operation is improved, but loss of information increases
Solution Approach 1:
The system incorporates feedback mechanisms where the database stores and verifies chain of title information, providing confirmation of authentic ownership. When a token is presented, the system checks it against recorded information and provides feedback on validity, ensuring that ownership information is preserved and verified without requiring physical possession of the original item.
3Reliability
If a comprehensive authentication database is implemented to track chain of title, then reliability of authenticity verification is improved, but use of energy increases
Solution Approach 1:
Ownership and chain of title information is recorded in the database in advance before transactions occur. This preliminary recording allows for rapid verification during actual transactions, reducing the need for extensive real-time data processing and energy consumption when authenticity needs to be verified.
Data Source
AI summary
A method including accepting a registration of an item in a database, the registration including a registrant's ownership information and an identifier about the item known to the registrant; and verifying the item is the registered item to a buyer of the item in response to the buyer providing the identifier. A method of authenticating an item including registering an item with a database, the registration including a registrant's ownership information; providing a seal having a public identification tag on a first side and a private identification tag on a second side; storing data of the public identification tag and data of the private identification tag in the database; and affixing the seal on a container containing an item or a representation of the item, when the seal is not broken, the public identification tag is visible and the private identification tag is not visible.