Use cases

Physical assets

Similar to academic credentials, the area of physical valuables often experience fraudulent cases. When valuables are indeed genuine, they are exposed to theft, ownership frauds, or attacks on IP and origin.

NFTs can become IP representations that are not only timestamped but also secured in someone's digital wallet, which is potentially highly relevant for cases disputed in the court of law.

Comparable is also the case of product authentication, especially with high-value brands. Ownership over items like expensive cars and watches can now be tracked within an NFT and used as a part of the brand value or for provenance tracking.

Example implementation

To protect your physical assets and manage them on the blockchain, you can employ our example implementation of the 0xcert Framework: