ORIGYN Luxury provides a universal solution for the Luxury Industry players—brands, certified pre-owned resellers, e-commerce platforms, retailers and, ultimately, end-consumers—by securing a luxury item’s identity, authenticity and ownership data within a Digital Certificate. These Authenticity Biometric Certificates provide unique value opportunities, from increased consumer confidence, exclusive experiences, new ways of interaction, and ultimately, additional revenue streams to new services for owners.
Certifying authenticity and ownership without proxies has been a nearly impossible task for the luxury industry until now. ORIGYN Luxury changes all of this by using an object’s biometry to certify its authenticity. This certification is also backed by a global guarantee, where ORIGYN provides compensation for any item proven to be counterfeit in its inventory of minted objects, while providing the transparency and security end-consumers require. Ultimately, we will enable every smartphone to match and authenticate luxury goods.
As the resale market continues to grow, certifying the authenticity of pre-owned luxury goods has become more critical than ever. By creating a biometric certificate of a luxury item, we can now guarantee its authenticity for a lifetime. This unlocks new growth corridors, including customer service alerts, personalization and new consumer experiences across the luxury sector. Our biometric certificates stand the test of time.
Sellers of certified pre-owned assets need to build trust with consumers and create opportunities to engage with the end-consumer. ORIGYN enables this by creating a new customer journey and post-sales ecosystem through our authenticity biometric certificate.
Counterfeit luxury goods have become increasingly sophisticated and hard to detect. Despite extensive and costly efforts from brands, e-commerce, certified pre-owned platforms, and retailers, international trade in counterfeit luxury goods continues to grow. By establishing a guaranteed authenticity biometric certificate, you can now fight counterfeiting at a global scale proactively and by empowering the end-consumer with an advanced certification solution.
ORIGYN Luxury uses a combination of intelligent technologies, including computer vision, artificial intelligence and machine learning, on a decentralized infrastructure, to mint, match, maintain and transfer authenticity biometric certificates. These Utility NFT certificates provide a universal solution for certifying trust across the luxury industry.
First, the luxury item is authenticated with a high degree of confidence. After that, an irrefutable authenticity biometric certificate is minted as a Utility NFT certificate. This certificate may be used to re-authenticate the item at any future point in time. ORIGYN then guarantees the authenticity of the minted object throughout its lifecycle. ORIGYN also maintains a record of roles and entitlements relating to the item within the authenticity biometric certificate, facilitating management of the item via an owner’s wallet and its functions.
Using advanced recognition and identification techniques created by leading experts in computer vision, artificial intelligence and machine learning, the exclusive in-house Biometric Technology of ORIGYN creates unique Authenticity Biometric Certificates, a solution that far surpasses anything in the market today.
Luxury goods have their own unique fingerprint and require detailed traceability. ORIGYN is able to uniquely identify luxury goods even if they are of the same model.
ORIGYN ecosystem encrypts all the biometric photos, videos and information of the product on a green and tamper-proof Blockchain. These certificates give access to a new generation of experiences or services. But also open a new direct and anonymous way - thanks to our Web 3.0 ecosystem- to get privileges and interact with your favorites brands, retailers, e-commerce and certified pre-own platforms.
Faster resale of newly acquired inventory, which is enabled by a quick and irrefutable verification process for retailers and certified pre-owned companies to validate authenticity and resell the item faster
Ecosystem rewards, including limited series certificates, affiliated minting partners and global exposure to new consumer segments
A window to new revenue streams and consumer touch points to offer value-adding services
Increase transaction values by enabling consumers to resell items in a faster, more transparent manner
Enhance trust between brands and businesses with consumers
The opportunity to resell products on any CPO platform or marketplace by sharing the biometric certificate as proof of authenticity
A global guarantee of a luxury item’s authenticity and value (ORIGYN compensates for any items proven to be counterfeit in its minted inventory)
New services and ways to experience ownership, including opportunities for lost or stolen registration and recovery, better insurance offerings, warranties, financing opportunities, title pre-purchasing, bequeathal and heirlooming, watch grading, heritage notarization and more
NFTs, Crypto Markets, WEB3, Origyn Network from a CTO's Perspective
From a background in traditional systems to the forefront of decentralisation in traditional industry, Mike Schwartz has seen a lot. His project, ORIGYN, is an effort to make robust NTFs, or digital twins, of real-world objects.