Counterfeiting is one of the primary challenges in front of retailers throughout the world, considering the fact that the annual global counterfeit goods supply is reaching close to half a trillion dollars. A growing number of global retailers are using blockchain technology as a countermeasure against counterfeiting. Baikalika, a premium water provider, is using blockchain to differentiate its bottled water from fakes. With China being the top manufacturer of counterfeit …
[Read More]