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Physical Backed Token (PBT)
October 2022
We created the Physical Backed Token (PBT), an open source token standard that ties a physical item to a digital token on the Ethereum blockchain and allows collectors to verify ownership and authenticity of the physical item.
PBT.IO
Our first implementation of PBT uses the BEAN Chip, a physical cryptographic chip that self-generates an asymmetric key pair. PBT enables the hardware to create a new experience we like to call “scan-to-own”.
If the physical item gets sold or gifted to a new owner, the subsequent owner can then “scan-to-own” that same physical item, enabling decentralized transfer of the PBT from the previous owner to the new owner.

WHO WE ARE

At Azuki, we are building the future of anime through decentralized IP co-created with the community and innovative products that enrich the anime fan experience. Our Azuki collectibles have generated over $1B in secondary trading volume. Here are some things we’ve created so far.