Have you guys checked that in 2017 approx 500 billion USD worth counterfeit products was there. So in the name of luxury brand many sold duplicate products. This is where Bow will help in buying authentic products.
Well having this kind of project will really going to give an assuarance to the consumers that they will going to get the right products for them and they don't need to worry even they will going to access it online.
That's true, the consumers would be willing to take the step of purchasing the property or product from any agency as long as they can verify the authenticity of the product. This would also give the manufacturers a better chance to utilise several agencies in the distribution of their products across the globe.
Right. Bow team will be getting those products directly from makers and will be giving to the buyers with proper work. And this will the platform where multiple brands will be available at same platform.
Sounds more like a marketplace for luxury products. Anyone could visit bow coin platform and make purchases of luxury products, probably, these can be verified on bow coin blockchain.
I don't perceive bow coin project as a market place for luxury products, but rather as a producer of luxury bowtie which I see as the major focus of the project. I guess thats where the project name emerged from. Secondly, the project in my opinion, would serve as an agent of other luxury products manufacturers to provide a more efficient verification portal for their products using the blockchain technology.