Blockchain Authentication System for Luxury Goods
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Solution Overview
Problem
Current technologies fail to effectively guarantee the authenticity and ownership of movable properties, particularly luxury goods and art pieces, as they are vulnerable to counterfeiting, and lack transparency in ownership history.
Innovation Solution
A system comprising a label with a unique code that connects to a blockchain-based data storage system, allowing tracking and verification of ownership and authenticity through NFC technology, ensuring the item's legitimacy and preventing counterfeiting.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional authentication methods are used for luxury goods, then the system is simple to implement, but the reliability of authenticity guarantee deteriorates due to counterfeiting
Solution Approach 1:
The patent introduces a blockchain-based authentication system as an intermediary between the luxury good and the consumer. The system includes a database storing authentication data, a reader device for scanning codes, and a blockchain network for secure data verification. This intermediary layer provides reliable authenticity verification without requiring complex changes to the luxury good manufacturing process itself.
Solution Approach 2:
The patent replaces traditional mechanical authentication methods (physical seals, holograms, manual verification) with a digital blockchain-based system. Authentication data is stored on the blockchain network and verified through cryptographic protocols, eliminating the need for complex physical authentication features on the products themselves.
2Reliability
If blockchain technology is implemented for tracking ownership, then the reliability of ownership verification is improved, but the ease of operation deteriorates due to complex scanning and verification processes
Solution Approach 1:
The patent extracts the complex blockchain verification process from the consumer interaction and places it on the server side. The reader device simply scans the code and retrieves authentication data from the blockchain network, while the server handles the complex verification logic. This allows consumers to verify authenticity through a simple scan without needing to understand or interact with the complex blockchain protocols.
Solution Approach 2:
The system implements self-service authentication where the blockchain network automatically verifies the authenticity data without requiring manual intervention. The reader device autonomously scans the code, retrieves data from the blockchain, and receives verification results, eliminating the need for human authentication experts or complex manual verification procedures.
3Loss of information
If detailed ownership history is recorded on blockchain, then the loss of information is reduced, but the use of energy increases due to blockchain storage and transaction processing
Solution Approach 1:
The patent extracts only the essential authentication data (product identification, ownership transfer records, authenticity status) and stores it on the blockchain, while keeping detailed transaction metadata and logs on traditional databases. This selective extraction minimizes the data footprint on the energy-intensive blockchain network while preserving all necessary ownership history information.
Solution Approach 2:
The system implements partial blockchain usage by only recording critical authentication events on the blockchain rather than storing all ownership history details there. The blockchain stores sufficient data to verify authenticity and ownership, while less critical information is stored in more energy-efficient traditional databases, reducing overall energy consumption.
Data Source
AI summary
A system for tracing and/or to guarantee ownership and/or authenticity of movable properties includes: a label having a code; a reading system of the label configured to transmit and/or connect the code, through a web network to a data storage system, the data storage system including: a list of codes associated with said movable properties, a list of owners of movable properties and/or a list of certificates of authenticity of said movable properties. Each code of the list of codes corresponds to a movable property and to one or more owners of the movable property and/or to a certificate of authenticity of the movable properties.