🧐Authentication for Fraud and Forgery Resistance

Scanning the NFC chip will bring up the Etherscan page for that NFT. The comments can include more data about the product, including whether it has been labeled as lost or stolen. New buyers will scan the chip to authenticate the product, and secondary market buyers will know if the product is authentic, greatly reducing the chances of counterfeit products. Purchase history is also stored, verifying previous owners, which will give individual items more historical significance.

For privacy, the chips can be programmed to only provide data to the NFT owner. Or, limited information can be set as publicly available.