Q: How to generate the License so that the License Number can determine which product it belongs to?
Is there any way we can generate the License such a way that the License Number can determine which product it belongs to ie programmatically identifying a particular key in that License Number to identify which product it belongs to (When I have multiple Products with Multiple License Keys)? eg .Some way we can identify that License 1111 belongs to ABC Product and 2222 belongs to XYZ Product programmatically when I take the License Number as the Input from the User.
A: Yes, you could use your own license codes.
These can be uploaded, as a CSV file, and allocated to a product via the code allocation page. You could do this using any coding scheme you like subject to the requirement that the license codes are less than 50 characters and XML friendly.
See the docs about migrating to Zentitle and using your own license codes.