In an industry steeped in tradition and luxury, Experloop, a tech company founded by a jeweler, is revolutionizing the jewelry industry with its unique digital solutions. The Singaporean company uses advanced technology to provide a new, secure and convenient way to authenticate and authenticate jewelry.
Michael Koh, founder of Experloop and founder and CEO of Singapore-based premium jewelry retailer Caratel, is well aware of the challenges jewelry buyers face in identifying and authenticating jewelry. Traditional paper certificates and laser serial numbers offer some assurance, but in some cases, such as when the documents are lost or the laser numbers cannot be viewed, these methods are less reliable. Therefore, Koh decided to use his expertise and deep understanding of the jewelry industry to develop a more advanced and reliable solution.
After much deliberation and careful development, Koh finally launched a patent-pending micro RFID chip. This chip is so small that it can be permanently embedded in precious wearable devices such as rings, necklaces and watches, and its exquisite appearance complements the jewelry.
Experloop's chip not only solves the problem of jewelry identification and authentication, but also brings many conveniences to jewelers, insurance companies and jewelry owners. For example, jewelers can use RFID readers to easily confirm the authenticity of products brought into the store; insurance companies can more accurately assess the value of jewelry; and jewelry owners can view and prove the certification and ownership information of their jewelry at any time.
In addition, Experloop's chip is also extremely safe and durable. To ensure that the chip can last the life of the jewelry itself, Experloop has conducted rigorous tests on it, including testing under extreme conditions such as using ultrasonic cleaning technology and cycling the jewelry through a drum 6,000 times. The test results show that the chip is fully capable of withstanding these extreme conditions and maintaining its stability and reliability.
In addition to jewelry authentication and identification applications, Experloop's chip has broader application prospects. Koh envisions that the chip can be used in other high-value small metal products, such as surgical tools, disaster recovery equipment for the wounded, and weapons. In addition, the chip can also be used for payment and loyalty applications, such as connecting the chip to the wearer's payment account to enable contactless payment; or using the chip as a loyalty card to enhance the shopper's experience in the store.
Currently, Koh is actively seeking partnerships with technology companies or investors to distribute the chip and achieve large-scale sales. He has brought the technology to exhibitions in Asia and the United States and demonstrated its uniqueness and broad application prospects to many potential customers. It is believed that in the near future, Experloop's chip will gain more and more recognition in the jewelry industry, bringing a more convenient, safe and reliable way to authenticate, identify and trade jewelry.
This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)
