To combat counterfeiting, companies are turning to blockchain technology to verify their products. By using blockchain-based verification systems, brands can protect their goods and provide consumers with a level of transparency that was previously unheard of. One standout innovation is the “Digital Product Passport,” which allows customers to access detailed information about a product’s origin, authenticity, and journey through the supply chain. This not only helps consumers make informed choices but also builds trust between brands and their customers. Ultimately, blockchain is paving the way for a future where authenticity and transparency are the norm. #Blockchain #DigitalProductPassport #TechInnovation
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By 2030, every fashion and textile product sold within the EU will require a Digital Product Passport (DPP), a digital record that accompanies physical products containing vital information about its lifecycle. This technology could also be valuable for the jewellery industry, making it harder for fraudsters to slip through the cracks. There are still some concerns regarding DPPs and standardisation, but blockchain technology could serve as the "backbone" for the technology, adding an additional layer of traceability and security that serves the industry and consumers alike. #Blockchain #DigitalProductPassport #Jewellery #LuxuryGoods
Is blockchain the ‘token’ to unlocking the Digital Product Passport potential?
finance.yahoo.com
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Thrilled to announce that my recent research with Yanji Duan has been published in the International Journal of Production Research! 🎉This paper highlights the importance of integrating consumer perspectives into strategic decisions around blockchain adoption in supply chains. How do you see blockchain shaping the future of consumer-centered supply chain transparency? #Blockchain #SupplyChainTransparency #ConsumerTrust #ResearchPublication #Decentralisation
Blockchain empowerment: enhancing consumer trust and outreach through supply chain transparency
tandfonline.com
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𝐇𝐨𝐰 𝐜𝐚𝐧 𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬? Discover the power of a decentralized ledger for improved efficiency and sustainability. Read more #ETEdgeInsights #SupplyChain #Blockchain #Technology #Sustainability Kirthiga Reddy
Enhancing consumer trust with blockchain-verified supply chains
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The integration of blockchain technology is quickly becoming standard across various industries. Embracing these advancements will fortify supply chains against future challenges, set new standards for consumer trust and industry accountability, and ultimately shape a more resilient and responsible global market. https://lnkd.in/gzrDTYM5 Through the use of Private Blockchain Technology the Vinturas Interoperable Network (VIN) solution offers you and your partners peace of mind when it comes to sharing and transferring your data across your entire supply chain. If you’re curious about how VIN could secure your supply chain feel free to reach out at www.vinturas.com or send a DM. #Vinturas #supplychain #interoperability #supplychainvisibility #privateblockchain #datasecurity #cyberthreat
Enhancing consumer trust with blockchain-verified supply chains
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Discover the fascinating world where blockchain technology meets responsible sourcing! 🌐 Our latest blog post delves deep into how blockchain is reshaping supply chain transparency and accountability, paving the way for a more sustainable future. Dive into the details and join the conversation! Read more: https://lnkd.in/guWzxbEP #Blockchain #ResponsibleSourcing #SupplyChainTransparency #Sustainability #Innovation #BlogPost #AutifyNetwork
Where does Blockchain Technology align with Responsible Sourcing?
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Discover the Future of Authenticity 🔍 Ever questioned the authenticity of a luxury find? Enter the era of tokenization. In our latest article, we delve into how blockchain technology and tokens are reshaping commerce, offering unparalleled transparency and assurance. Join us as we explore how brands and consumers are embracing this digital revolution to ensure authenticity and trust in every transaction. https://lnkd.in/eWRAkriq And don't forget to join us for D2: Retail Edition 2024, June 5 in Chicago, co-located with Retail Innovation Conference & Expo, June 4-6. https://bit.ly/D2Social A D2 perk, get 25% off your pass: EMPMD225POFF #Tokenization #Blockchain #Authenticity
How Tokens & Tokenization Are Building Consumer Trust - D2: Web3 for Business
https://d2.live
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You are totally right, Eicke Schütze. Did you already see the new counterfeit-secure UID-labels by DynamicElement AG with their secure QR-Codes (SQR-Codes) on? This may be the easiest "bridge" between physical and digital.
AI is worsening a €16bn tsunami of fake goods. The EU wants blockchain to help. #Blockchain + #Product 🆔 could be the antidote. Counterfeit goods cost European clothing, cosmetics and toy sectors €16 billion from 2018 to 2021, a recent study found. Counterfeiting is a massive problem, especially in Europe, where luxury giants LVMH, Hermès, L’Oreal, and Dior rank among the region’s 10 biggest companies by market capitalisation. #qrcode #fashion #genai #blockchain #apparel #authenticity #counterfeiting #retailsolutions #fashionID #digital #twin #sui #gamefi #gamers #siliconslopes #rewards #royalties
AI is worsening a €16bn tsunami of fake goods. The EU wants blockchain to help
dlnews.com
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How can blockchain transform loyalty and rewards programs? Fede García, Qurable's Co-Founder and CEO believes that it is not just about technology but delivering seamless customer experiences. By integrating blockchain and AI, Qurable enables transparency, security, and smarter engagement, helping clients like Rappi and Shell boost customer loyalty and streamline operations. With features like smart contracts, multi-company ecosystems, and advanced data analytics, Qurable’s solutions drive higher engagement, increase purchase frequency, and elevate average transaction values. And now, they’re expanding into credit and prepaid cards, bridging the physical and digital worlds of loyalty. Read more on Mexico Business News #LoyaltyPrograms #BlockchainInnovation #CustomerEngagement #Fintech #RewardsPrograms #RetailTech
Blockchain By Itself Does Not Solve Anything: Qurable
mexicobusiness.news
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Harness blockchain to combat counterfeiting in luxury goods through secure, transparent, and traceable supply chains. This technology creates a tamper-proof digital ledger, enabling brands and consumers to verify product authenticity from production to purchase. Protect your brand, enhance customer trust, and ensure the exclusivity of genuine luxury items with blockchain. https://lnkd.in/grea_VSa #BlockchainInLuxury #AntiCounterfeiting #LuxuryTech #BlockchainForGoods #SupplyChainSecurity #LeadSurfers #AuthenticityVerification #BrandProtection #LuxuryBlockchain #CounterfeitPrevention #TechInLuxury
Blockchain for Anti-Counterfeiting in Luxury Goods
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Avalanche and SmartOSC are making waves across top media outlets like AP News The Associated Press, Benzinga, and CoinTrust! Our groundbreaking collaboration to launch 𝐕𝐢𝐞𝐭𝐧𝐚𝐦’𝐬 𝐟𝐢𝐫𝐬𝐭 𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐥𝐨𝐲𝐚𝐥𝐭𝐲 𝐩𝐫𝐨𝐠𝐫𝐚𝐦 has captured the spotlight this week. This pioneering initiative is set to revolutionize customer engagement with on-chain rewards while driving blockchain innovation across Vietnam and the broader region. Discover more about this exciting news on Benzinga here: https://lnkd.in/gD-VJ-Hk #blockchain #digitaltransformation #loyalty
SmartOSC Partners Avalanche to Revolutionize Loyalty Programs with Blockchain
benzinga.com
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