iOS Luxxfolio mockup
black and white picture of Man with red luxury bag
black and white picture with blue luxury watch on wrist

Luxxfolio

A blockchain powered asset management platform
iOS / Web

Built for iOS

Blockchain powered

Cloud-based system

Fintech

Leveraging Luxury

LUXXFOLIO is a cloud-based, blockchain powered asset management platform that allows users to record the authenticity of their luxury assets in one place. Having forged partnerships with many financial institutions, LUXXFOLIO has the ability to help consumers unlock the current and future value of their luxury assets without having to sell them. Based on a user’s purchase history or portfolio, LUXXFOLIO is able to offer them access to financial services such as credit cards, lines of credit, or even a mortgage.

The problem

LUXXFOLIO needed a platform built around blockchain technology that allowed users to record their assets online.

Luxxfolio user home page

LUXXFOLIO needed its transactions, changes, and updates to be globally available and independently verifiable. They needed higher throughput, simple consensus and the ability to run, maintain and distribute nodes only to parties that needed access. For their platform to work smoothly, LUXXFOLIO essentially needed its own private consortium network.
My folio screen

How we helped

TTT Studios built a backend system, admin panel, and two mobile apps for LUXXFOLIO to allow users and manufacturers to secure their assets on the blockchain.
 
 
 

The SMARTLUXX platform

TTT Studios acted as both the consultant and developer for LUXXFOLIO. We made a full assessment on the technical needs of the platform, and created a plan of execution. After some analysis, we found that the blockchain system that met all of the aforementioned requirements (scalability, high throughput, maintainability etc.) was Hyperledger Sawtooth.

Using Hyperledger Sawtooth as a platform, TTT Studios built SMARTLUXX, the backend platform and core of LUXXFOLIO. Initially deployed on AWS, SMARTLUXX allows asset owners to register transactions and secure their assets on the blockchain by creating “smart contracts”.

Luxxfolio services
Luxxfolio client
Luxxfolio 3rd party

The LUXXFOLIO apps

TTT Studios created two separate mobile apps for LUXXFOLIO, one for manufacturers and one for consumers.
Consumers
Using the consumer app, users can secure their assets on the SMARTLUXX blockchain. When an item has been confirmed as authentic by the manufacturer or a LUXXFOLIO authenticator, they will attach a small, tamper-proof tag (attached with QR code) onto the asset which verifies the authenticity of the item. Upon purchase, consumers can scan the QR code using the app to complete the transaction and add it to their portfolio. Consumers can also view the full history of an item in their portfolio and view details such as manufacturer, colour, size etc.
Manufacturers
Verified or partnered manufacturers can upload items onto the SMARTTLUXX blockchain using the LUXXFOLIO manufacturer app. This allows vendors to protect the value and authenticity of their goods, safeguarding their items from counterfeits. Manufacturers can use the app to customize their product lines, and input relevant information such as product category, color, size, serial numbers, and more.
Admin panel
Finally, TTT Studios designed and built an admin panel for LUXXFOLIO staff to manage and keep track of all items that have been logged in the system. Using this information, LUXXFOLIO authenticators can generate smart tags to be printed and attached onto the specified assets. Authenticators can also invite partnered manufacturers onto the platform and send over their credentials for log-in.
Luxxfolio mocks

The outcome


TTT Studios built the blockchain powered SMARTLUXX platform, creating a system where LUXXFOLIO and third parties can track the veracity of individual products.


TTT Studios created two mobile apps for LUXXFOLIO, one for manufacturers and one for consumers to record their assets on the blockchain.

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