Join Our Mailing List
Saturday April 01, 2023
Bitcoin (BTC) $27,885.47   Ethereum (ETH) $1,774.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Vendor Technology

New LuxTag product tokenizes physical products with blockchain

Published by CryptoNinjas.net
11/11/2019
New LuxTag product tokenizes physical products with blockchain

Luxtag, an anti-counterfeiting and track & trace blockchain solution provider, has announced the release of a self-onboarding asset-tagging platform called Papyrus. Users will be able to independently create digital certificates and tag their assets or items with QR codes or NFC stickers linked to the blockchain.

To get started, first users will need to create an account on Papyrus. Once registered, they will have a dedicated dashboard and tools where they can generate certificates for their items.

How It Works

After creating a free account, users can enter the information of their items or products and generate a blockchain certificate through the platform.

Users can upload images of their assets or even add notes on each item. Each account needs to be funded with the XEM cryptocurrency to enable the creation of certificates on the blockchain.

Users can claim these blockchain certificates through the platform by scanning the private key QR code of the product or asset using the LuxTag mobile app.

Additionally, users can verify the product using the UUID QR code generated from the platform, or order NFC stickers from LuxTag that enables verification of the products and assets linked to the blockchain.

These blockchain certificates are immutable and transferable, representing a contract of ownership that trail the history of a particular item.

“Blockchain is becoming more and more accessible in the physical world with Papyrus. You can now tokenize items to create a trail of ownership and history of your products. Whether you are an artist or a collectible hobbyist, any assets or products close to your heart can now be represented as real live assets on the blockchain. Papyrus allows users to protect items that are important to them, preserving their legacy and history on the blockchain.”
– The LuxTag Team

Two Tiers of Papyrus

Papyrus currently offers two tiers, Basic and Enterprise:

  • The Basic Package – will allow users to tag their assets for free. They will have limited features compared to the enterprise package, which is made customized to enterprise needs. Papyrus intends to empower users to fight fakes and protect their belongings on the blockchain by creating a trail of ownership and proof of authenticity.
  • The Enterprise Package – is targeted for brands and manufacturers that are keen to integrate blockchain for product authentication and counterfeit deterrence. Papyrus Enterprise will provide a customized dashboard and all the necessary tools to generate a blockchain certificate with IoT integration. Some of the features include track & trace, a more robust counterfeit deterrence technology, brand engagement modules, and big data analytics on the activities of users interacting with the tagged product or asset of the solution. Interested parties need to contact LuxTag directly to tailor a customized Papyrus dashboard for their products.

LuxTag is integrating the Papyrus certificate creation tool on NEM’s Catapult as well in its own blockchain. Further, LuxTag will be awarding XEM tokens to verified accounts upon signing up for the solution.

219
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Blockchain anti-counterfeit solution LuxTag secures 50% of crowdfunding target

12/10/2019
Blockchain-powered track and trace provider LuxTug holding equity fundraise

pitchIN, a Malaysian licensed equity crowdfunding operator, currently holding an equity crowdfunding for blockchain-powered anti-counterfeit solution LuxTag, announced the campaign has secured 50% of the minimum target. “LuxTag is running a truly global equity crowdfuding...

Read more

Blockchain-powered track and trace provider LuxTug holding equity fundraise

12/03/2019
Blockchain-powered track and trace provider LuxTug holding equity fundraise

LuxTag, an anti-counterfeit, track and trace, and anti-theft solution provider utilizing the NEM blockchain platform, is currently live with a pre-series A funding through pitchIN, a leading Malaysian equity crowdfunding platform. The funding round,...

Read more

LuxTag bringing blockchain tracking/traceability to Bangladesh

10/24/2019
LuxTag bringing blockchain tracking/traceability to Bangladesh

LuxTag, an anti-counterfeit and tracking solution provider utilizing blockchain and IoT, today announced it has signed a Memorandum of Understanding with Bangladesh IT company AIIM Global Limited, to bring forward blockchain technology use-cases into...

Read more

LuxTag secures $600K in funding to fight counterfeiting with blockchain

06/13/2018
LuxTag secures $600K in funding to fight counterfeiting with blockchain

LuxTag, a Malaysian solution provider that secures valuable assets on the NEM blockchain, has secured USD $600,000 in funding from a seed round led by XSquared Ventures. This round of funding will push LuxTag’s...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022

HitBTC adds BitcoinCash futures before the hard fork

07/29/2017
Crypto trading platform Caspian raises $16 million in token pre-sale

Crypto trading platform Caspian raises $16 million in token pre-sale

09/17/2018
Cross-chain crypto staking platform: RSTAKING

Cross-chain crypto staking platform: RSTAKING

11/16/2022
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy