The business model of 1TrueID is based on the creation of a digital certificate that is always verifiable on the blockchain. For each product, a unique code is generated and encrypted with a private key, which is then associated with the product using one of the following methods:
QRCODE
Easily readable by any device equipped with a camera. It contains the unique 1TrueID encoding and includes standard URL redirection functionalities.
RFID UHF
It is more difficult to replicate than a QR code. Currently, it requires a specific reading device, but it will soon be integrated into smartphones. This technology allows multiple tags to be managed simultaneously, making the reading process faster and 100% more efficient. It can also include URL redirection functionality.
TAG NFC
Combines the advantages of the first two solutions, as it is both difficult to counterfeit and accessible via smartphones. It includes standard URL redirection functionalities.
By using a smartphone, users can access all the features of 1TrueID technology:
Ensures product anti-counterfeiting
Verify product traceability
Engages customers and provides additional benefits
These functions leverage blockchain technology and NFTs (Non-Fungible Tokens)—a data unit stored on the blockchain that certifies the associated product as unique and immutable.