Vacheron Constantin Unveils Blockchain Project for Timepiece Authentication

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Luxury watch company Vacheron Constantin just announced that they're using Blockchain technology for authentication of their timepieces from here forward.

The same technology behind Bitcoin, this allows the manufacturer to skip paper authentication for both new and vintage watches in favor of a forgery-proof digital certificate of authenticity, which follows the watch throughout its life, even if involves several changes of ownership. For a company that was founded in 1755, this is a very progressive and very cool step forward. We bet more watch manufacturers will follow shortly, as will the art scene and other categories.