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Business Case: NFT-Enhanced Product Security and Value

Objective: Implement Non-Fungible Tokens (NFTs)linked to physical products to deter theft (especially the looting of big luxury brands seen in some parts of the world), ensure authenticity, and enhance resale value.

Key Features: 1. Theft Deterrence: Attach unique NFTs to products; if stolen, the NFT is flagged, devaluing the item and discouraging theft.

1. Product History Tracking: NFTs carry detailed lifecycle information, increasing transparency and trust in the resale market.

2. Anti-Counterfeiting: Unique NFTs offer an additional layer of security against fakes.

3. Resale Marketplace: Develop a platform for authenticated NFT-linked product resales, ensuring fair pricing and authenticity.

Benefits: Enhanced product security, reduced counterfeiting, increased brand loyalty, and potential for new revenue streams.