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Using blockchain to combat counterfeiting in manufacturing

CGI

Using blockchain to combat counterfeiting in manufacturing. Product authenticity plays a huge role in assuring consumer confidence for B2B and B2C businesses. Whether it’s COVID-19 vaccines, industrial goods, car parts or fair-trade chocolate, today consumers want assurance that the product they’ve purchased is genuine.

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The State of Blockchain Applications in Cybersecurity

eSecurity Planet

Whether perceived or real, a lack of understanding about blockchain technology has slowed the adoption of advanced distributed database technology in the past decade. This functionality makes forging a record in a blockchain ledger extremely difficult at best. However, federal officials didn’t reverse the blockchain transaction.