Chronicled provides a platform that allows any brand, physical IP creator, product authenticator / appraiser, or individual to assign a secure digital identity to a physical object by embedding an encrypted microchip and linking it to a blockchain record. Our goal is to create a common identity lookup for all IoT players as a first step to have their products to interact with each other.
Serial numbers, QR codes, UPC codes, bar codes, and other unique identification systems can all be cloned or copied. Chronicled's BlockLink solution enables product serial numbers to be hashed and linked to a blockchain record—leaving a digital paper trail that can traced to the original source.
The distribution of 2B+ mobile devices means the world is ready to interact with the physical environment of products everywhere, but, without a strong digital identity embedded in each product, progress will be much slower than is possible.
The consumer IoT is progressing, and many large Brands are experimenting with adding microchips to consumer and luxury products. However, without a common registry and authentication protocol, major interoperability issues and roadblocks will ensue for Brands, developers, and consumers.
“The services Chronicled are offering highlight the ever-closing gap between the promise of blockchain technology and its actual utilisation in the real world.” – George Hallam, Ethereum Foundation