Revolutionizing Collectibles Trading with Youtooz's Blockchain-Based Platform

被引:0
|
作者
Almuhnna, Mawadah [1 ]
Bahatheq, Nuha [1 ]
Aldossary, Dalal [1 ]
Nasser, Nidal [1 ]
机构
[1] Alfaisal Univ, Coll Engn, Riyadh 11533, Saudi Arabia
关键词
collectibles; counterfeiting; blockchain;
D O I
10.1109/IWCMC58020.2023.10182936
中图分类号
TP301 [理论、方法];
学科分类号
081202 ;
摘要
The idea of collectibles has been around for a while and is well-known in popular culture. To add, a product's appeal to the general public has been shown to rise when it is distinctive or sold in limited quantities. Therefore, an increase in fraud and counterfeiting for those specific products is unavoidable. One of these products is the Youtooz plushies and figurines, which are sold for a limited time before they are discontinued [6]. It is inevitable to find duplicates of a product or for others to try to make money off of it if. Some may likely deceive and manipulate trusting customers to trick them or cheat them out of the real product. A blockchain approach would be beneficial, in large part, because it records all the different events pertaining to each unique figurine and greatly reduces, if not eliminate, the risk of counterfeit, fraud, or incorrect information surrounding the product. By building confidence between all parties involved in the process and guaranteeing that each client is purchasing from a reputable supplier, the solution will safeguard the ordering process.
引用
收藏
页码:1632 / 1637
页数:6
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