LUXCHAIN

The decentralized verification solution for the personal luxury market

LUXCHAIN offers Multi-factor Authentication for personal luxury goods. We identify counterfeits using comprehensive verification solutions built on AI and blockchain.

With Digital Assets, we allow buyers and sellers to view detailed product information at a glance. Digital Assets show proof of authenticity - boosting transparency and trust.

LUXCHAIN relieves the frustration that many face in a counterfeit-heavy luxury market. We are the next generation solution for luxury product authentication.

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How It Works

1.

The product owner begins authentication

procedures of a personal luxury item by
either sending it to the verifier or uploading data
through an online interface.

2.

Qualified authentication experts (verifiers)

analyze uploaded and/or collected data. Basic
Verification is done for the first time which
guarantees product authenticity.

3.

Once verified, the product’s Digital Asset is

created and made transparent for anyone to view with a smart phone. This Digital Asset shows proof of authenticity with supporting evidence. It also acts as a store of value, containing detailed product information and history that cannot be manipulated.

4.

Product owner can now confidently sell the item

or use the Digital Asset for a variety of uses cases (luxury marketplace, reselling on eCommerce site, proving ownership).

5.

Anyone such as buyer can request

Advanced Verification (an additional
level of authentication) for greater assurance.

6.

Our verifiers use Proof of Verification to conduct

Advanced Verification. With more verifications, a product has stronger proof of authenticity.

7.

The product’s Digital Asset now has

updated verification history for anyone to view.

How It Works

1. The product owner begins authentication procedures of a personal luxury item by either sending it to the verifier or uploading data through an online interface.

2. Qualified authentication experts (verifiers) analyze uploaded and/or collected data. Basic Verification is done for the first time, which guarantees product authenticity.

3. Once verified, the product’s Digital Asset is created and made transparent for anyone to view on their device. This Digital Asset shows proof of authenticity with supporting evidence. It also acts as a store of value, containing detailed product information and history that cannot be manipulated.

4. The product owner can now confidently sell the item or use the Digital Asset for a variety of use cases (luxury marketplace, reselling on eCommerce site, proving ownership).

5. Anyone such as buyer can request Advanced Verification (an additional level of authentication) for greater assurance.

6. Our verifiers use Proof of Verification to conduct Advanced Verification. With more verifications, a product has stronger proof of authenticity.

7. The product’s Digital Asset now has updated data and verification history for anyone to view.

LEVELS OF VERIFICATION

First time Verification
Option to Verify Again
Option to Verify Again

22

Countries

136

Cities

673

Vendors

451,466

Products

680

Brands

80,057

New Bags

360,527

Pre-own Bags

10,366

New Watches

516

Pre-own Watches

$486M

USD Value

Roadmap