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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
16 September 2024, 12:54 PM
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#61 |
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"TRF" Member
Join Date: Mar 2024
Location: CA
Posts: 107
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Luxury brands embrace technology.
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16 September 2024, 02:57 PM
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#62 |
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"TRF" Member
Join Date: Mar 2017
Real Name: Varies
Location: On a couch
Watch: Me
Posts: 382
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I don’t know if embedding a chip for tracking ownership records would have much affect on the grey market. I guess they could penalize AD’s who sell a large number of watches to one person in a short period. But grey dealers could somewhat bypass that by using multiple buyers, then still flip.
The biggest benefit to this technology is to guarantee authenticity. Make the technology as tamper proof as possible and store the data in an encrypted DB or blockchain token/NFT. I think the assumptions about it becoming a “smart watch” are wrong. This isn’t what this is about. Reducing counterfeits is likely the goal here. |
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16 September 2024, 03:03 PM
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#63 |
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"TRF" Member
Join Date: May 2020
Location: USA
Watch: Rolex & Tudor
Posts: 2,243
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Don't they already use NFC in the current warranty cards?
How is this any different. I wonder, if moving forward, service cards will also have something similar. I think that would be nice.
__________________
The perfect blossom is a rare thing. You could spend your life looking for one, and it would not be a wasted life. |
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17 September 2024, 07:22 PM
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#64 |
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"TRF" Member
Join Date: Sep 2023
Location: london
Posts: 407
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Rolex new identity chips, no more fakes?
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17 September 2024, 07:52 PM
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#65 | |
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"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,092
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Quote:
__________________
 ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder 
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18 September 2024, 12:52 PM
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#66 |
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2024 Pledge Member
Join Date: Sep 2016
Real Name: Andrew
Location: Denver
Watch: AP Legacy
Posts: 105
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That means you can easily be tracked hence you wear a Rolex, what next after that?
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