LOX Network puts the power of device ownership in the hands of owners rather than wireless carriers. Our mission is to recover devices through global data sharing.
Designed to target and dismantle the phone theft industry through a decentralized blacklist, we bridge our users’ unique digital and physical ownership through unique non-fungible tokens or NFTs. At LOX, we are providing the world’s first global IMEI blockchain.
Our model pairs SmartNFT to SmartLOX NFTs, creating a bond that is at the core of our security network. The user creates an NFT representation of themselves including name and contact information, and then an NFT representing the user’s device is then minted. This records the device’s make, model, and IMEI.
By bonding the two on the LOX Network, proof-of-ownership is verifiable on the blockchain.