With LuxFi, each of these issues are conveniently addressed through the help of blockchain-based solutions. Luxury assets traded on LuxFi are tied to digital twins, online versions of the items that not only represent the physical counterpart but also serve as a certificate of authenticity for the physical item. This means that any luxury asset found on the LuxFi marketplace is in fact a real item with comparable details to those reflected in the virtual asset.
Aside from product and quality verification, the LuxFi platform also makes it easy to connect and interact with other collectors, and the transparency of the blockchain-tied luxury assets allows individuals to track previous trades, interactions, and events for each asset.
Image Credit: LuxFi