Date Just, in collaboration with NIX Time, is utilizing Vaultik's blockchain technology to create digital passports for luxury watches, integrating insurance for added protection. Luxury brands are increasingly turning to blockchain for its utility in bringing real impact to their businesses. Vaultik offers Digital Product Passports, ownership certificates, and on-chain insurance, providing enhanced authenticity and security through triple-factor authentication. Partnering with insurtech firm Avata, Vaultik offers certificates of ownership and insurance coverage for both B2B and B2C transactions. This innovative approach not only ensures increased customer loyalty and retention but also creates a new revenue stream for brands. Vaultik has partnered with various luxury sectors, including watches, gemstones, fine jewelry, and furniture, delivering solutions for both primary and secondary markets. The company's focus areas include addressing theft, counterfeiting, traceability, transparency, and sustainability within the industry. NIX Time, a London-based startup, collaborates with Vaultik to customize luxury watches and provide integrated insurance through Digital Product Passports.

This technology addresses the prevalent issue of luxury watch theft, giving clients peace of mind. Vaultik's blockchain-based solutions facilitate real-time valuations of luxury assets for resale in the secondary market. The company has joined forces with Luxe Dressing, a central London luxury consignment store, to offer certificates of ownership, authenticity, and anti-damage insurance. This partnership ensures an unparalleled consignment experience, grounded in digital authenticity. Vaultik also partners with renowned jeweler Amedeo Scognamiglio and designer furniture brand Superevo, providing digital passports, insurance, and transparency of provenance for their products. The integration of blockchain and insurance offers a game-changing level of security for both primary and secondary markets. Additionally, Vaultik's technology is utilized by leather goods brand Ghisò to document the life cycle of its products, ensuring transparency and authenticity. While other established blockchain platforms exist in the luxury industry, Vaultik differentiates itself through its integrated insurance component, giving it the potential to collaborate rather than compete with other platforms.