Tech Bureau Europe has inaugurated an online shop for Chronoswiss's exclusive crypto-design watch series with five crypto-design clocks dedicated to specific crypto-tenses. The purchase process is protected by a digital certificate for each registered encrypted watch on a blockchain, which makes it impossible to manipulate the certificate.
Oliver Ebstein, owner and CEO of Chronoswiss, commented: "With this tribute to cryptocurrencies, Chronoswiss is joining the roots of traditional watchmaking with the digital revolution of new global currencies, so it is more than natural to be curious and open to the future." Cryptocurrencies and blockchain technology are the future, which Chronoswiss is also actively following and supporting, which is why we are proud to use blockchain as a marketing tool and a means of certifying our watches ".
Chronoswiss, founded in 1983 in the midst of the quartz crisis when only visionaries continued to believe in the mechanical watch, embodies the entrepreneurial spirit & # 39; and congenial inventions such as sapphire crystal backrests that enclose movement. The brand has contributed to the revival of the traditional Swiss watch industry.
Today, Chronoswiss remains an independent family-owned brand that produces only a few thousand watches per year according to the stringent Swiss Made quality standards. These mechanical watches sell in over 25 countries. According to the words of Chronoswiss, his timepieces "cut out a unique shape thanks to their authenticity, high quality standards and sophisticated technology".
There will be a limit of only 101 pieces for crypto-theme:
- Bitcoin: the currency
- NEM: the harvest
- Ethereum: the contract
- Zaif: the exchange
- COMSA: the token.
With such scarcity, Chronoswiss intends to become collector's items.
Cooperation with the LuxTag blockchain platform
Details on each Chronoswiss Blockchain series watch – the serial number and warranty period – will be recorded on the LuxTag LuxTag Blockchain platform. LuxTag is a service provider that:
- uses the latest NEM blockchain platform to combat counterfeiting and theft
- offers digitized labeling solutions for luxury goods
- is specialized in meeting the particular needs of the watch and jewelery industry.
Mathias Schmid, Tech Bureau Europe Ltd, Switzerland stated: "With Chronoswiss as our partner, we were able to successfully demonstrate our vision of five luxury watches inspired by cryptocurrency."
Tech Bureau Holdings has set up subsidiaries in the United States and Switzerland that offer software and services for blockchain technology. Tech Bureau Holdings has also started Mijin v.2 as an open source project. Potential users can test Mijin for free for 30 days as a private Blockchain on Microsoft Azure.
Enterprise Times: what does this mean?
You can not consider this Chronoswiss using blockchain as an important business implementation. Only 505 watches will register on the LuxTag blockchain.
However, it is a good example of exploitation of the well-distributed blockchain in a high-value, low-volume environment. Enterprise Times believes there will be many other examples such as luxury goods industries to understand the benefits. No doubt other high value producers will follow.