We have reported some examples of the appearance of blockchain in the watch industry, and the latest is Ulysse Nardin, which now offers a blockchain-secured warranty certificate to keep track of not just the purchase but all servicing, and transfer of title.
For each purchase of a new Ulysse Nardin watch from an official authorised dealer, a blockchain warranty certificate is generated and signed by UN, then either emailed to the owners or sent to their UN account. A physical guarantee card will continue to exist, with a ‘bubble tag’ through which the client can extend the watch warranty to 5 years and thus directly generate their online blockchain warranty certificate.
How it works is as follows – upon purchasing a Ulysse Nardin watch, the customer registers it on the brand’s website using the physical card. This generates a digital certificate in a PDF format with the watch’s details. The signature of this warranty document is anchored in the blockchain.
http://www.youtube.com/watch?v=RDQq9lXhAXo
Verifying the validity of Ulysse Nardin warranty certificates will be possible using an explorer, or a checker using the same open source standard. Another option is a checker widget hosted on the Ulysse Nardin’s website.
This new blockchain programme is being done in conjunction with start-up company Woleet and is available through the entire Ulysse Nardin range.
[Photo credit : Ulysse Nardin]
Categories: Industry news, Ulysse Nardin, watches
HOROLOGIUM 
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