Luxochain Adopted Blockchain for Luxury Goods Tracking Service

Luxochain Adopted Blockchain for Luxury Goods Tracking Service

A blockchain-powered platform which uses Near Field Communication (NFC), Radio Frequency Identification (RFID) and Fingerprint Authentication (FPA) named Luxochain have been launched. Luxochain system reportedly offering the buyers both in-store and online store to check on the authenticity of the product they have purchased and block the asset in case of theft or loss.

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