Pave The Way For Superior Product Tracking & Tracing
With providence of each product a unique, secure, and traceable identity and random patterns Encrypted QR codes, Anticounterfeiting shows way for excellent tracking and tracing of products. Each code can be checked in real-time from the factory to end-customers. The factors maintaining a product’s authenticity with focus on eliminating counterfeiting Unclonable technology, Copy proof labels, Enables product authentication, Allow consumers to report fakes, Easy to Verify and Realtime alerts on counterfeiting.
There is no doubt every individual likes to bargain and are often willing to compromise on quality for saving on price. The buying shortcuts can become long-term hazards for brand value, the reputation of a product or company, and for society as a whole. Unfortunately, shoppers are more tempted and are vulnerable when buying online, a virtualized, often anonymous marketplace that offers more risk than reward. While waking up to the threat counterfeiters pose is a brand’s first step toward security, there’s already a significant degree of awareness among the world’s retailers regarding the dangers caused by counterfeit goods. The inclination for the same is centered high in the United States, which held the largest share in the anti-counterfeit packaging market in recent years.
In every world locations, that market is expected to hit over $248 billion in the next six years, huge numbers for an equally huge threat. Soon, fewer than 10 countries will have a greater GDP than the global counterfeiting market, which is expected to reach $1.82 trillion in 2020. Even before the advent of online shopping, businesses had to contend with counterfeit goods on the market. However, with the rise of online fraud and counterfeit goods, businesses face a new challenge in maintaining the integrity of their products and brand value. The full scope of counterfeit goods on the market is unknown to consumers. Because of three interrelated categories, cultivating and promoting awareness of the larger impact is critical: individual protection and the promotion of a more secure retail reality are required for the creation of a safer society.
There is no doubt every individual likes to bargain and are often willing to compromise on quality for saving on price. The buying shortcuts can become long-term hazards for brand value, the reputation of a product or company, and for society as a whole. Unfortunately, shoppers are more tempted and are vulnerable when buying online, a virtualized, often anonymous marketplace that offers more risk than reward. While waking up to the threat counterfeiters pose is a brand’s first step toward security, there’s already a significant degree of awareness among the world’s retailers regarding the dangers caused by counterfeit goods. The inclination for the same is centered high in the United States, which held the largest share in the anti-counterfeit packaging market in recent years.
In every world locations, that market is expected to hit over $248 billion in the next six years, huge numbers for an equally huge threat. Soon, fewer than 10 countries will have a greater GDP than the global counterfeiting market, which is expected to reach $1.82 trillion in 2020. Even before the advent of online shopping, businesses had to contend with counterfeit goods on the market. However, with the rise of online fraud and counterfeit goods, businesses face a new challenge in maintaining the integrity of their products and brand value. The full scope of counterfeit goods on the market is unknown to consumers. Because of three interrelated categories, cultivating and promoting awareness of the larger impact is critical: individual protection and the promotion of a more secure retail reality are required for the creation of a safer society.
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