Podcasts
#19 – Pedro López-Belmonte: Blockchain in Luxury Retail – Product Passports, Loyalty & NFTs
April 1, 2025
Episode description
In this episode of the Applied Blockchain Podcast, Adi Ben-Ari speaks with Pedro López-Belmonte, former Head of Technology Innovation at Richemont (parent company of Cartier, Montblanc, and IWC), about blockchain’s real-world applications in the luxury and retail sectors.
Pedro shares deep insights from nearly a decade at the forefront of blockchain, Web3, and emerging technologies - including how digital product passports, NFTs, and privacy-preserving loyalty are reshaping customer engagement and combating counterfeits.
They discuss:
- Blockchain’s role in transparency and IP protection
- Digital product passports for proof of ownership & authenticity
- The challenge of linking physical and digital assets
- Why many loyalty NFT projects fall short — and how to fix them
- Case studies from IWC, Porsche, eBay, and Vestiaire Collective
- Community-based loyalty, secondary markets & real value delivery
Resources Mentioned
- Bitcoin White Paper: bitcoin.org/bitcoin.pdf
- Purple Cow by Seth Godin
- Vitalik Buterin’s blog: vitalik.ca
- POAP: poap.xyz
- Animoca Brands: animocabrands.com
- Richemont on choosing a public blockchain: ledgerinsights.com/cartier-owner-richemont-why-it-chose-a-public-blockchain
- Music shout-outs: Frank Zappa & Brian Eno 🎵