⛓️The RWA Encoded NFC Chip

SHOPX plans to use NFC chips to tie physical products to their digital identification, or NFT. Each NFC chip represents an NFT minted by the brand. The NFC can be built into or attached to the physical product, giving it a digital identity and instant authentication.

The chip can be applied at one of two injection points: manufacture or retail.

Inserting the chip at manufacture would be the most cost-effective and secure solution. However, this would require an immediate overhaul of manufacturing plants worldwide. Attaching the chip at the warehouse or retail is more flexible in the short term and will allow for instant adoption.