Those who purchase bottles of premium, limited-edition gin from The Stin will be able to verify the authenticity of a bottle thanks to NFC-enabled packaging, the blockchain and a mobile device. Thanks to crypto-enabled NFC chips that are fitted to the labels on the gin bottles, buyer will be able to see how many bottles remain for sale—as just 999 are going into circulation.
The Stin's bottles are being fitted with technology from blockchain developer Block42 and tracking capabilities will be provided by Korea-based Icon blockchain. As Block42 describes, "We decided to use a high-security NFC chip with crypto functionalities like storing a private-public keypair and creating signatures, which will be attached to the bottles."
Image Credit: Block42, The Stin
What's Driving This Trend
- Nfc-enabled Packaging
- Opportunity for businesses to incorporate NFC technology into their packaging to provide authenticity verification and tracking capabilities.
- Blockchain-enabled Verification
- The use of blockchain technology to ensure the authenticity and traceability of premium products.
- Crypto-enabled NFC Chips
- Incorporating crypto functionalities into NFC chips for enhanced security and privacy.
Who This Affects Most
- Alcohol Beverage
- Alcohol beverage industry can leverage NFC-enabled packaging to provide a unique selling point and enhance customer trust.
- Blockchain Technology
- Blockchain developers can offer their expertise in providing verification and tracking solutions to various industries.
- Packaging Industry
- Opportunity for packaging manufacturers to create NFC-enabled packaging solutions with built-in security features.
