Counterfeit products have been a major issue in the global market for many years. According to the International Chamber of Commerce (ICC), the value of trade in counterfeit and pirated goods is estimated at $991 Billion dollars in 2022. This demonstrates that counterfeit products are not just a minor issue, but a major threat to…
Numerically sequenced items, such as serial numbers, have long been used as a method to identify and track authentic products. However, with the rise of counterfeit products and the ease with which they can be produced and distributed, it has become increasingly important to find new and more secure methods of protecting consumers and the…
Counterfeit products are a major concern for brands, as they not only harm the reputation of the company but also put consumers at risk. These fake products can range from luxury handbags and designer clothing to electronics and even food and medicine. The rise of e-commerce and global trade has made it easier for counterfeiters…
