NFT-Based Luxury Watch Certificate: Decentralized App Demo

A Decentralized App for Minting, Viewing, and Transferring NFT-based Certificate of Authenticity for Luxury Watches

This is the 2nd part of my series of articles to demonstrate how Non-Fungible Tokens (NFTs) may replace paper-based Certificate of Authenticity for luxury goods such as watches.

Photo by Pierre Bamin on Unsplash

Refer to Part 1 to learn the business logic behind how this may work.

I name my imaginary watchmaker BreitLex. In this article, I will demonstrate how BreitLex and watch buyers will use BrietLex’s Decentralized App to mint and transfer NFT-based Certificates of Authenticity.

Architecture

The BreitLex Decentralized App (DApp) performs the following functionalities:

• Deploy a new BreitLex contract — to begin minting NFTs, the watchmaker must first deploy its NFT Smart Contract
• Transfer NFTs to buyers — when watches are sold between BreitLex and its customers as well as between watch owners, the DApp is used to transfer ownership of NFT Certificates of Authenticity.