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Code Reactors

Code Reactors

Blockchain-based eCommerce warranty system using NFTs

Created on 1st October 2022

Code Reactors

Code Reactors

Blockchain-based eCommerce warranty system using NFTs

The problem Code Reactors solves

Physical warranty documents are easily falsiable so we developed software as a solution using Blockchain, where Brand / Retailer can easily create NFTs for Time duration of particular product.

Brand / Retailer can create transferable or non-transferable NFT.(Concept of soulbound.)

Brand / Retailer can transfer it to user using marketplace.

User can prove the ownership of the NFT and claim the benefits of warranty from NFT.

And user can transfer / sell to another user if they don’t need anymore.(When product is sold.)

The warranty card should include the item’s serial number and upon purchase be sent to the customer’s email addres

Challenges we ran into

Write a smart contract for nft based warranty with security and less gas fees (transaction fees) was tough for us to solve this problem we understood the Etherum nft standards ERC-721 and ERC-1155 and take some more research and study to writing more accurate smart contract.

Discussion

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