Digitalization of supply chains and businesses

In the past decade we have become more dependent on digital processes to replace complex, cumbersome manual tasks. We are now taking it one step forward and using digital technology and processes to revamp business models and other value inducing processes and opportunities. This is called Digitalization. How does this help? Take digitalization of supply …

Anti-Counterfeit Packaging For Brand Protection

Post-Covid, due to acceleration in digitization, e-commerce has become beneficial to consumers. But the lack of safety measures concerned with online sales, legal compliance, and investigative agencies has made companies more vulnerable to counterfeiting and theft. There is an increase in the production of fake and counterfeit products due to a lack of anti-counterfeit measures. …

From Frauds to Fakes: Get Rid of Counterfeits with Blockchain

Counterfeit products are a worldwide issue. These products account for 3.3% of global trade and cost the US economy $600 billion per year. Companies have been fighting counterfeiters for years, investing significant time and resources to prevent defective and fake parts from entering the manufacturing system, as well as clever lookalikes and reverse-engineered products which …

Counterfeiting and Product Authentication Using QR Codes

Counterfeiting is one of the most serious threats to real product legitimacy. Counterfeit goods account for around 8–9% of total trade, resulting in revenue loss. Holograms and barcodes are used by goods makers to combat this problem. The issue of the authentic product remains the market’s primary challenge. Quick Response (QR) codes provide a robust …

Beauty with Blockchain- Reinventing Cosmeceuticals Industry

With changing beauty standards and more users shifting towards natural and organic products and campaigning for healthy skin, the cosmeceuticals industry is undergoing rapid changes these years. Cosmetics have become an integral part of our lifestyle and not just for women, but across all genders. The industry is expected to have a CAGR of 5.3% …

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