An interview with REV3AL’s founders on constructing digital counterfeiting and copyrights fraud prevention instruments.
In relation to the NFT {industry}, there’s hardly a single decision to the industry-agnostic problems with digital fraud and counterfeiting. NFTs, digital IDs, copyright photos and movies, and different types of digital media could be simply duplicated and disseminated, making it tough to discover a resolution to stop various kinds of assaults.
The REV3AL platform believes they’ve the all-in-one resolution to stop digital counterfeit and copyright fraud. Its resolution goals to revolutionize interactions within the digital world and open new prospects for various industries to leverage safe and secure digital property ecosystems.
“Efficient fraud prevention is a door with a number of locks requiring completely different keys, passcodes, biometrics, and different entry ranges to penetrate,” says Adam Russell, Co-founder and Chief Income Officer at REV3AL expertise. He explains that “most thieves would possibly be capable to decide a lock or crack a code, however they can not do all of them.”
In 2021, the REV3AL founding group members first got here collectively once they noticed how the rising quantity of counterfeits and scams restrict the digital property and NFT {industry} from reaching its monumental potential.
“I agree with the specialists that assume NFTs are the adoption ramps to encourage the lots into blockchain expertise,” says Mo Kumarsi, Co-founder and Chief International Workplace at REV3AL.
Leveraging their years of expertise in methods structure, arts, cybersecurity, and blockchain, the REV3AL group constructed a singular, multi-factor resolution that can assist defend artists, house owners, and types from copyrights fraud.
“We incorporate a number of layers of authentication options to create a sturdy anti-counterfeit resolution,” says Kumarsi.
He notes that the layers of encrypted safety embrace hidden authentication embedded inside the asset itself. Any shopper can self-verify the originality of a digital asset in seconds utilizing REV3AL’s platform or bodily decoder. With REV3AL’s system of authentication instruments, artists and creators can defend their work from duplicators, and house owners could be assured that their asset is genuine.
REV3AL is genuinely distinctive from different anti-counterfeit methods due to its intensive digital and software-based stage of safety. By embedding dynamic layers of variable information into every authentication layer, it wraps the digital asset with a singular serial code to stop unauthorized duplication and distribution of property.
Past their expertise, REV3AL additionally leverages its native token in its methods. Every time the expertise is deployed, a REV3AL token is burned as a deflationary asset. The token will even include further perks for holders, together with entry to REV3AL’s upcoming metaverse platform.
The demand for a sturdy digital anti-counterfeit resolution is excessive available in the market. REV3AL already has over 35 partnerships with numerous on-line platforms and marketplaces in only a yr, with the determine anticipated to double within the subsequent quarter.
“Our group is aggressively engaged on a minimal viable product which will likely be constructed and examined on a safe NFT market,” says Russell. “The MVP will likely be out there in coming months and function the primary line of protection towards the rising want for options to guard folks towards the scams and fraud.”
The subsequent step on REV3AL’s roadmap is a commercially viable product that may be applied into any appropriate platform by an API.
As our lives turn into more and more built-in into the digital world, defending our digital property is important. Whether or not it’s NFTs, authentic content material, music, or private identification, digital media is simple to duplicate and desires a sturdy resolution like REV3AL to guard shoppers from digital counterfeits.
Simply as Norton 360 grew to become a family title for shopper cybersecurity, REV3AL has set its sights on changing into the “customary for digital media safety within the metaverse.”
