Vacheron Constantin Will Integrate Blockchain Technology in All Watches in 2021
Vacheron Constantin was one of the first watchmakers who incorporated blockchain technology as a part of their innovative customer service and product certification, replacing the old notion of watch papers. However, the brand recently declared that it would integrate this technology within all its timepieces by the end of 2021.
Also referred to as “digital passports”, Vacheron Constantin will use blockchain technology for certifying the history and authenticity of their watches. The watchmaker first introduced this digital passport program for its vintage timepieces from the Les Collectionneurs series in May 2019.
However, this sophisticated technology will accompany all the brand’s watches in 2021. Please continue reading to explore more about it.
And those who are looking to sell watches for the best price get a free competitive valuation now.
Blockchain Technology – A Solution to the Problem against Counterfeiting
The Blockchain Technology database system is based on encryption-secured details that eliminate the need for paper authentication. However, the platform was developed in collaboration with an independent non-profit organization, Arianee. This organization motives to apply a global standard of certifying luxury items.
Eventually, it will offer potential buyers or owners of a second hand watch a digital authenticity certificate that could not be counterfeited.
Another significant advantage of blockchain technology is –
- It registers a track record of the timepiece throughout its lifespan.
- The database system will record when your watch is changing hands over time and also when documenting its value, ownership, condition and authenticity.
- The certificate is ascribed to the exclusive item, securing all details right from ownership, nature to value and authenticity.
So this is excellent news for collectors and fanatics of Vacheron Constantin. The vintage and the pre-owned market are continuing to boom, paving the way for dealers and also, auction houses who can deceive you with murky offerings.
Thus, the blockchain technology will benefit customers, especially who are not well-conversant with the ins and outs of the watch industry. Moreover, this database system will also help brands in tracking significant pieces. It will also confirm their watches’ authenticity while changing ownership over time.
Sell Watches for the Best Price
Do you want to sell your watch in London? Trusted watch buyers at The Luxury Hut can offer you the highest possible price of your timepiece instantly.
Fill up a simple online form and get a free accurate quote shortly. If you are happy with it, send your watch to us for a final offer. Accept it, and you will get paid within minutes.
You can also call on 0207 242 5411 to book an appointment and visit our office in Hatton Garden, London in-person with your watch. We will appraise your asset immediately and make you an offer on the spot.
From getting a quote to getting paid, the entire process may take as little as a few hours to complete. Whether you sell a Vacheron Constantin watch or a Rolex, you will receive a fair and accurate price of your timepiece. Thus, get in touch with us today.