SHOPX: RWA-Powered E-Commerce
  • Introduction to SHOPX
    • 📑Introduction to SHOPX
    • 💡Problems SHOPX Solves
    • 📈Market Opportunity
    • 🥸Global Counterfeit Market
  • The Decentralized Ecosystem
    • 💳Decentralized E-Commerce
    • 💰Staking and SquadX
  • SHOPX Protocol
    • ✅Authenticating RWAs with SHOPX and NFCs
    • ⛓️The RWA Encoded NFC Chip
    • 🔍Third-Party Verification
    • 🧐Authentication for Fraud and Forgery Resistance
    • 😌Confidence in the Secondary Market
    • 👮Insurance Fraud and Central Authorities
  • How NFTs Benefit E-Commerce
    • 🛍️Transforming Affiliate Marketing
    • 🤖Bot Prevention
    • 🎉Exciting Customer Activations
  • Supply Chain and B2B Benefits
    • 📦Decentralized Inventory Database
    • 🗂️Advanced Product Tracking
    • 🚦Automation Through Smart Wallets
  • Economic Theory
    • 📲Why E-Commerce Needs SHOPX
    • 🤚The Invisible Hand
    • ⚖️Supply Chain Pareto Efficiency
  • For Projects and Brands
    • 📘Project Collab Form
    • 📗Brand Collab Form
  • Important Links
    • 🌐SHOPX Website
    • 🐤SHOPX Twitter
    • ↗️SHOPX Telegram
    • 👾SHOPX Discord
    • Ⓜ️SHOPX CoinMarketCap
Powered by GitBook
On this page
  1. Supply Chain and B2B Benefits

Automation Through Smart Wallets

The movement of NFTs and NFCs through the supply chain will be automated using account abstraction and smart wallets. A smart wallet will represent each link in the supply chain (manufacturer, shipping container, customs agent, or retailer) and automate the movement of NFTs from one link to the next, ensuring that the passage of goods is seamless and secure. As the NFC chips are moved and scanned, the NFTs will follow.

This automation extends to customer transactions, allowing for the automatic transfer of product ownership when a sale is made, which is subsequently recorded and verified on the blockchain, removing the item from the decentralized global inventory.

The system's design ensures that all tracking and authentication processes are tamper-proof and fully auditable on-chain, providing a reliable and secure framework for business operations.

PreviousAdvanced Product TrackingNextWhy E-Commerce Needs SHOPX

Last updated 11 months ago

🚦
Page cover image