The Shopify e-commerce platform, together with San Francisco-based startup Real Items Foundation, is beta testing a new plugin on the VeChain blockchain and the TAM cloud application to authenticate tokenized goods.
According to the developers, this plugin will allow manufacturers to generate non-replaceable tokens (NFTs) tied to their physical goods. This means that customers who purchase NFT-affiliated products can verify their authenticity by scanning a QR code.
Founder of Real Items Foundation David Menard said that to date Shopify plugin is being tested by several companies producing clothes, decorative cosmetics and skin care products. Menard added that the launch of the plugin is scheduled for the first quarter of this year.
The Real Items Foundation management believes that such a solution on the blockchain will protect customers from buying fake products, because thanks to the new plugin, people can verify their authenticity without downloading additional applications. In addition, consumers can use WeChat to scan items to make sure they are original.
Using the VeChain open blockchain, Real Items Foundation can track the supply chain of goods, and buyers can see detailed information about their origin.
At the same time, Menard noted that the Real Items Foundation does not have a utility token associated with the platform, but the startup uses the VeChain multilateral payment protocol for operational interaction with users and companies.