Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bonafi - Fights counterfeits using Blockchain and Crypto-Tag
by
Klennox
on 04/08/2018, 18:13:24 UTC
Previously, there was a project related to this technology, but they failed to implement competent protection directly to their NFC chips.
I haven't heard of such a project, but Bonafi came up with a fairly advanced system using the blockchain technology!

This means that if someone forges a crypto-tag, then he can't forge information about the goods in the blockchain?

Yes, Bonafi thought over the option with a fake crypto-tag, so it will have the maximum degree of protection, will have its own encryption, and all information about the product will be stored in a blockchain, access to which is only the manufacturer or the certified seller.