Papers1 provider · 2 records
September 14, 2023· Intelligent Computing on IoT 2.0, Big Data Analytics, and Block Chain Technology
conference-paper

Blockchain-Based eCommerce Warranty System using NFTs

Authors:Swarup YeoleMohammad S. ObaidatAditya GoelSanskar ChandraRuhul Amin

Abstract

Blockchain-based e-commerce NFT warranty system is a new solution that allows customers to receive digital warranty for their purchases on e-commerce platforms. The system is built using the Ethereum blockchain and uses non-fiscal tokens (NFTs) to set up and execute transactions. This project aims to solve the physical certificate management problem and the challenge of warranty tracking for customers and companies. With the NFT warranty system, customers can store the warranty in their connected digital wallet and easily send it to other users when selling. Also, companies do not need to manage services separately, as authentication and authorization are tracked by a blockchain-based system. The advantage of this project is that it provides a secure and transparent warranty system that prevents fraud and counterfeit products. Additionally, the use of NFTs ensures the authenticity and authenticity of all warranties, thus preventing competition or abuse of warranties. The project works by allowing companies to join e-commerce sites and add their vendors to generate NFT security tokens. When customers make a purchase, they receive a digital NFT warranty that they can use for warranty service. Warranty claims are recorded on the blockchain and can be tracked by both the customer and the company. The system also adds value to customers' purchases by allowing them to resell NFT-warrantied products. All in all, the blockchain-based e-commerce NFT warranty system is a cutting-edge solution that will simplify the warranty process for clients and customers. company. It offers an easy-to-use, secure and transparent warranty system and provides added value to customers.

Community

0 comments
Use Connect Wallet in the navigation

No discussion yet

Be the first to share a question or observation.