PlatformXChain uses VeChain
Toy packaging is tagged with PXC-branded NFC chips, allowing users to simply scan a QR code with the VeChain Pro app to verify the authenticity of the product and obtain additional information such as place and time of manufacture and associated photos and videos. PXC describes that combating counterfeiters delivers real added value that can save companies millions in costs.The versatility of the Arcadier system enables any marketplace business to be developed. This includes a highly vertical cross-border blockchain enabled collectable toys marketplace.
PlatformXChain is a Singapore-based start-up company that has already established itself with many toy manufacturers such as CenturyFugu (Singapore), Marmit Co. (Japan), Mandarake Co. (Japan) and Machination Studios (Singapore) to track products and collectibles using .PlatformXChain – a blockchain-enabled toys and collectibles provenance tool for creators to authenticate their creations, and collectors to grow their collection with an ease of mind. Runs on VeChainThor Blockchain.
For this reason PXC uses a white label version of the VeChainToolChain and adapts the software suite to the specific needs of toy manufacturers and consumers.PXC has optimized the platform for the toy industry, designing its own custom UX and IoT tags, allowing companies to quickly implement and deploy the technology. Thus VeChain closes the existing “knowledge gap” and enables toy manufacturers, fans and collectors to track their products in real-time.
The platform serves as a marketplace for Creators and Brand owners to list their original toys & collectibles products, secure them with encrypted smart chips, enabling consumers to verify before purchase and trade PXC- authenticated products with an immutable ledger of ownership tracked on the VeChainThor public blockchain.
Author : Collin Brown