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.
- 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