Watch Certificate™ provides a blockchain-based digital passport for luxury watches, ensuring an immutable record of maintenance and authenticity. This solution enhances traceability, combats counterfeiting, and increases the resale value of timepieces by documenting their service history securely.
Funding
$1.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Luxury watches lack a standardized, immutable record of maintenance and authenticity, making it difficult to verify provenance and increasing the risk of fraud and counterfeiting. Traditional paper-based certificates are easily lost, damaged, or forged, hindering traceability and reducing resale value.
Solution
Watch Certificate™ provides a blockchain-based digital passport for luxury watches, creating an unalterable record of ownership, maintenance, and authenticity. Each watch receives a unique non-fungible token (NFT) that stores key information, including service history, inspection reports, and high-definition images. This digital passport enhances transparency, combats counterfeiting by proving the watch's history, and increases customer trust by providing a secure and verifiable record. The system offers different tiers of certification, including options for inspection by certified watchmakers and validation by independent experts.
Target Audience
The primary target audience includes luxury watch owners, collectors, retailers, manufacturers, auction houses, and service centers seeking to enhance trust, traceability, and value in the pre-owned watch market.
Features
- Blockchain-based digital passport (NFT) for each watch, ensuring data immutability
- Secure storage of maintenance records, ownership history, and authenticity details
- Multiple certification tiers with options for expert inspection and validation
- High-definition image storage to document the watch's condition over time
- Automated email notifications to engage and retain customers
- Customer database to track watch owners and their preferences
- Anti-counterfeiting measures to prove the watch's history