The negative impacts of counterfeiting and piracy are projected to drain $4.2 trillion from the global economy and put 5.4 million legitimate jobs at risk. Here are the three current major global problems in the luxury industry:
Problem 1: Counterfeits of Luxury Goods
As a buyer, how can you assure the luxury product you’ve purchased is authentic? As a seller, how do you prove that your goods are 100% genuine? This remains a major trust issue between the buyer and seller without a good neutral self-regulatory decentralize solution based on the global alliance.
Problem 2: Non-unified Service History and Theft Reporting
Currently, there is no single universal end-user database record for the global authentic luxury asset of different manufacturers. Information about where the product was originally purchased from, previous owner records, and maintenance service history were difficult to obtain. Stolen goods can easily re-enter the resale market due to the absence of uniﬁed global stop-list.
Problem 3: Asset Liquidity Issue
Most people don’t realize the value of the items they have hanging on their walls or stored in their garages or jewelry boxes. Luxury assets such as Swiss watches, luxury handbags, jewelry, and fine art have increased in value by an amazing 205% over the last 10 years, thus providing excellent opportunities for asset liquidity. It’s clear that most luxury asset owners aren’t using the most secure and profitable channel to liquidize their assets to their greatest advantage.
Origin Foundation is the World’s First Decentralised Authentication and Tokenization Ecosystem for Global Luxury
ORIGIN Ecosystem =
ORIGIN Blockchain + Proof of Authenticity (PoA) + Asset Tokenization
ORIGIN Ecosystem is a luxury product authentication and asset tokenization ecosystem with complete end-to-end brand owner supply chain management to end-customer asset management, that utilizes the power of Blockchain Technology and our unique patented QR code system.
Be part of extra opportunity and participate on great Token Sale.
ORIGIN Token (ORIGIN) is a cryptographic utility token issued to power the ORIGIN Blockchain platform, purchase the platform based services and make transactional payments. Here is the all information about ORIGIN token, Token distribution and sale proceed allocation.
Use of Fund
Hurry. Grab the most valuable tokens of 2019.
Only Limited supply is available for public
ORIGIN Mobile APPs
This app is available and accessible 24 x 7 for all ORIGIN members. It keeps the real-time updates on the ORIGIN Blockchain. Watch details will be stored immutably on ORIGIN Blockchain, which guarantees its integrity and capacity to pass any type of auditing. The database is public and universally accessible, with an enhanced level of data confidentiality, which safeguards the owner’s identity.