Illinois Patent of the Month – August 2024
Numéraire Financial, Inc. has secured a patent for an innovation that blends advanced digital authentication with the physical world, creating a secure link between high-value products and their digital counterparts. This invention leverages a unique combination of microscopic imaging, DNA-based certification, and blockchain technology to ensure the authenticity and provenance of luxury goods, collectibles, and other premium items.
At the heart of this system is a tamper-resistant microchip embedded within the physical product. This chip is capable of storing a detailed material fingerprint of the item—derived from microscopic scans—alongside a digital certificate that includes both this fingerprint and DNA data tied to the owner. This dual-layered security ensures that each product is not only uniquely identifiable but also traceable to its rightful owner, providing unparalleled protection against counterfeiting and fraud.
The digital certificates and ownership records are securely stored on a decentralized ledger, making the information both immutable and accessible across the globe. This decentralized approach eliminates the need for a central authority, enhancing the security and trustworthiness of the system. Additionally, the use of smart contracts within the ledger automates the transfer of ownership, ensuring that every transaction is recorded transparently and securely.
Numéraire Financial’s innovation offers a powerful solution for industries where authenticity and provenance are paramount. By marrying physical products with cutting-edge digital technologies, this invention sets a new standard for product verification, enabling brands and consumers to protect and manage their assets with unprecedented confidence and ease.
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