jkjarvis / flipkart_grid

Warranty Systems using NFTs

Problem Statement

The objective is to replace the physical warranty and have block chain based warranty using NFT which will ensure authenticity and security.

• Converting ownership authenticity and product warranty cards into decaying NFTs.
• For instance, allow brands and retailers to introduce an NFT for each of their products, which allows customers to receive the physical product along with a digital version of it.
• Customers can then use the digital NFT to verify the authenticity of their product, prove their ownership of their product, and transfer ownership of them upon resale.
• The brand/retailer should also be able to tie the digital NFT to its warranty program, allowing owners to track repairs and replacements to the original item.
• Decay the NFT once the warranty is over.
• You can use the Polygon blockchain to deploy your solution and demo the final product as a web prototype.

How To Run

• Ensure that you have hardhat install

Run the following commands

npx hardhat node

In a separate shell run

npx hardhat run scripts/deploy.js --network localhost

Run the project

npm run dev