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An interview with REV3AL’s founders on constructing digital counterfeiting and copyrights fraud prevention instruments.
Relating to the NFT {industry}, there’s hardly a single decision to the industry-agnostic problems with digital fraud and counterfeiting. NFTs, digital IDs, copyright pictures and movies, and different types of digital media will be simply duplicated and disseminated, making it difficult to discover a resolution to forestall various kinds of assaults.
The REV3AL platform believes they’ve the all-in-one resolution to forestall 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 protected digital property ecosystems.
“Efficient fraud prevention is a door with a number of locks requiring totally different keys, passcodes, biometrics, and different entry ranges to penetrate,” says Adam Russell, Co-founder and Chief Income Officer at REV3AL know-how. 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 staff members first got here collectively after they noticed how the rising quantity of counterfeits and scams restrict the digital property and NFT {industry} from reaching its huge potential.
“I agree with the consultants that suppose NFTs are the adoption ramps to encourage the plenty into blockchain know-how,” says Mo Kumarsi, Co-founder and Chief International Workplace at REV3AL.
Leveraging their years of expertise in programs structure, arts, cybersecurity, and blockchain, the REV3AL staff constructed a singular, multi-factor resolution that may assist defend artists, homeowners, 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 embody hidden authentication embedded inside the asset itself. Any client 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 homeowners will be assured that their asset is genuine.
REV3AL is genuinely distinctive from different anti-counterfeit programs due to its in depth digital and software-based stage of safety. By embedding dynamic layers of variable knowledge into every authentication layer, it wraps the digital asset with a singular serial code to forestall unauthorized duplication and distribution of property.
Past their know-how, REV3AL additionally leverages its native token in its programs. Every time the know-how is deployed, a REV3AL token is burned as a deflationary asset. The token may also include extra 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 12 months, with the determine anticipated to double within the subsequent quarter.
“Our staff is aggressively engaged on a minimal viable product which might be constructed and examined on a safe NFT market,” says Russell. “The MVP might be accessible in coming months and function the primary line of protection in opposition to the rising want for options to guard folks in opposition to the scams and fraud.”
The subsequent step on REV3AL’s roadmap is a commercially viable product that may be carried out into any suitable platform by an API.
As our lives develop into more and more built-in into the digital world, defending our digital property is crucial. Whether or not it’s NFTs, unique content material, music, or private identification, digital media is straightforward to duplicate and desires a sturdy resolution like REV3AL to guard shoppers from digital counterfeits.
Simply as Norton 360 grew to become a family identify for client cybersecurity, REV3AL has set its sights on changing into the “normal for digital media safety within the metaverse.”
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