Tagrity connects physical assets to the MultiversX blockchain using NFC technology. Each NFC tag contains a unique identifier and digital signature, linking assets to blockchain records through smart contracts and NFTs.
Tags connected to the blockchain ensure authenticity and allow the history of tokenized assets to be instantly verifiable by scanning a tag, with security reinforced by encryption and originality signatures to prevent tampering.
Blockchains can only be useful to people at scale when real-world assets and services are tokenized, and this is what we set out to do with our first product, the Tokenizer.
The Tokenizer will launch as a premium product designed to provide fast profitability and sustainability for Tagrity. This success will enable us to pursue even more ambitious ventures, such as mass production of lower-end Tokenizers, new products like ID cards, geo-gated tags, and ecosystem integrations such as DataTags for Itheum, physical loyalty cards for Inspir3, and more.
Tags can be placed anywhere and everywhere, making them a potentially powerful tool for onboarding the average person to MultiversX.