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Old 16 September 2024, 12:54 PM   #61
Paul C
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Luxury brands embrace technology.
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Old 16 September 2024, 02:57 PM   #62
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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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Old 16 September 2024, 03:03 PM   #63
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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.
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Old 17 September 2024, 07:22 PM   #64
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Rolex new identity chips, no more fakes?

https://usa.watchpro.com/rolex-gets-...r-its-watches/
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Old 17 September 2024, 07:52 PM   #65
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Quote:
Originally Posted by hojlund View Post
Already been posted on forum several times.
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Old 18 September 2024, 12:52 PM   #66
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That means you can easily be tracked hence you wear a Rolex, what next after that?
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