MUMBAI, India, May 29 -- Intellectual Property India has published a patent application (202621020085 A) filed by Pimpri Chinchwad Education Trust's Pimpri Chinchwad College Of Engineering; Pratik Vilas Jagdale; and Sonali Dhananjay Patil, Pune, Maharashtra, on Feb. 20, for 'ai-powered hybrid blockchain authentication system for luxury products and method thereof.'
Inventor(s) include Pratik Vilas Jagdale; and Sonali Dhananjay Patil.
The application for the patent was published on May 29, under issue no. 22/2026.
According to the abstract released by the Intellectual Property India: "An AI-powered blockchain authentication system for luxury products is disclosed, comprising a tamper-resistant NFC 424 DNA chip (AES-128 encryption) providing a cryptographically verifiable token, a hybrid distributed ledger arrangement with a public ledger (Polygon blockchain, maintaining NFT-based ownership (ERC-721) and a private ledger (Hyperledger Fabric,) for supply chain records, coordinated by smart contracts. Product metadata is stored in a decentralized repository (IPFS) and verified by content-addressed hashing. An intelligent verification component, orchestrated by LangChain, produces real-time authenticity determinations with provenance and ownership information, leveraging a vector database and presenting a confidence score. Principal uses include luxury product authentication, lifecycle management, fraud detection, and integration into Web3/metaverse platforms for digital asset display and secure resale. The described system addresses counterfeit risks, enhances transparency, and connects physical products to digital ecosystems for robust, user-friendly verification."
Disclaimer: Curated by HT Syndication.
