NFTs are already very popular in the art industry, and are giving freedom to all artists of art, to believe and expand their sales to the digital world, without any doubt, why? because the blockchain can secure the ownership of the art owner.
But, How about the benefits of using NFTs as Digital Warranty ( NFT Warranty or NFT Certificate of Authenticity )?
So, before, we go to more information about NFTs as Digital Warranty then, we need to know first!
What is a product Warranty ( guarantee )?
A product warranty is a guarantee that a product manufacturer gives to the customer regarding the condition and quality of its product. Compensation, repairs, or exchanges will be made or given if the product does not function as originally described or intended. More information…
And also, What is Digital Warranty? and Why more benefits?
in the past, for applying the product warranty, the customer need to fill any information in a product warranty paper card and sent this card via mail to the manufacturer and wait for confirmation or approval.
- Printing the product warranty cards by the manufacturer
- Sent a product warranty card via traditional mail is really time-consuming and costly
- Then, after your card arrive in the manufacture company, their staff need to input your warranty data into their database.
- and etc.
so, these inefficient, outdated, and burdensome processes to a customer, are never happen again in Digital Warranty.
the registration of product warranty will being processed digitally, By fill up the form in the manufacturer website and that’s all, Done!
Okay, now, We go the point, What is NFT as Digital Warranty (NFT Warranty or NFT Certificate of Authenticity)? Cool... right
An NFT Warranty is the mechanism of implementing NFT as Digitial Warranty of the product and all the client input data related with the product warranty will be stored on the blockchain network.
And besides of offering more security, the blockchain also have the built-in features, for anyone to easily keep track of the product data, such as past owners, warranty conditions, and number of transfers.
And, Who are already use the NFT as Digital Warranty ( NFT Warranty or NFT certificate of Authenticity )?
South Korean online shopping platform SSG.com
- Customer ID (rather than name, due to data protection)
- Transaction Date ( as a warranty activation )
- Watch Model, Photograph, Price, and Reference
is a place for talented art artists to develop their hobbies and build their careers. and also is a place for art patrons ( or collectors ) across the world, to discover new artists and participate in effortless art-buying experiences.
Tappan keeps the authenticity of their physical artwork with NFT as a Certificate of Authentication ( or Digital Warranty ) and lives in their client blockchain wallet.
- Purchase date
- Artist’s name
- Work’s title and description
- An image of the physical work
- Year of creation
- Produced location
The LegitGrails Team is trusted by numerous resellers and reselling stores. And have more than 6 years of experience in providing Certificate of Authentication. More information of NFT certficate of authenticity
And, What kind of Product Warranty? mostly being supported by NFT ( NFT Warranty )?
Mostly, being used for luxury product ( brand ) Warranty.
Want to go from NFT confused to NFT enthused, and have a better understanding of NFTs (non-fungible tokens)?
We provide more user-friendly NFT Terms ( acronyms ) in our NFT Dictionary
Where can I create NFT Warranty ( NFT Certificate of Authenticity )?
We will introduce to you Our NFTs Management System, where you can start and create your own NFT Certificate of Authenticity.