Counterfeit Products


Policy

Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says

The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.

Blockchain could halt fakes in global trade, the EUIPO believes. (Steve Gibson/Flickr)

Policy

EU Project to Fight Fakes Succeeds by Being Open, Founder Says

A publicly backed blockchain project to stop counterfeit goods from entering the European Union is trying to avoid mistakes of the past, its founder told CoinDesk.

The EU thinks blockchain could help customs officers spot fake goods (Kevork Djansezian/Getty Images)

Finance

Luxury Fashion Group OTB to Join Louis Vuitton Parent LVMH in Aura Blockchain Consortium

OTB is also joining luxury brands Prada and Richemont-owned Cartier to tackle counterfeit goods through a blockchain-based seal of authenticity.

Designers Viktor Horsting and Rolf Snoeren pose backstage before the Viktor & Rolf Haute Couture Spring/Summer 2020 in Paris, France. (Vittorio Zunino Celotto/Getty Images)

Markets

Russian Police Arrest Alleged Counterfeiters Selling $13M in Fake Money for Crypto: Report

Those involved allegedly peddled fake bank notes over the infamous Hydra darknet marketplace.

A fake dollar

Tech

Scottish University Taps Blockchain Tech to Fight Whisky Fakes

Anti-tamper bottle tags and the blockchain tracking platform from Everledger are being deployed to help tackle the trade in counterfeit whiskies.

Whisky barrels

Markets

US Homeland Security Funds Anti-Forgery Blockchain Projects in Latest R&D Round

The five companies will use DLT in food tracing, essential worker licensure, overhauling the Social Security Number system and tracking e-commerce.

A CBP officer inspects a shipment of flowers entering the U.S.

Markets

Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister

On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister said the app could help grow the national economy.

Australia's national rugby team (Andrew Tallon/Wikimedia Commons)

Tech

Afghanistan Approves Blockchain Project to Help Tackle Scourge of Counterfeit Meds

Fantom is launching a pilot to help combat Afghanistan's counterfeit drugs problem using its blockchain to trace products along the supply chain.

Shopping street in Kabul, Afghanistan (Jono Photography/Shutterstock)

Markets

Mastercard to Tackle Fashion Fakes with Blockchain Tracking Solution

Mastercard is to demo a new blockchain-based product tracking solution during an upcoming showcase of women fashion designers.

mastercards

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