From: NFC News
"Warranties are great, if only people can remember where they put them when they need them. That problem could be a thing of the past, with NFC technology and NFC tags. United Tecsta has designed a new NFC tag that’s supposed to stay attached to a product for the lifetime of its use. The NFC tag would presumably be embedded in the inside of the product and would hold product warranty information such as sale date, price paid, warranty length, etc. The tag could then be read by a scanning device such as a modern NFC-based smart phone. This would streamline the warranty process for both the business and the consumer. According to Fast Company, the consumer would no longer have to hunt down a piece of paper when claiming a warranty and the business could electronically track warranty claims with the manufacturer."
Read more at Fast Company here.