Blockchain for Anti-Counterfeiting

Using blockchain technology to verify the authenticity of products throughout the supply chain, helping to combat counterfeit goods.

Implications

Applied in industries with high risks of counterfeit products, using blockchain to create a secure, immutable record of authenticity for products.

Example: Louis Vuitton uses blockchain to verify the authenticity of its luxury products, preventing counterfeits from entering the market.

Different from traditional anti-counterfeiting methods like holograms, blockchain provides a more secure and traceable solution.