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Distributed Ledger Technology Could Disrupt the $500B Counterfeit Industry

Look around your room. Chances are that everything inside has been in a container, on a plane, or inside a truck at some point. The miracle of international trade is a complex beast, a series of arteries feeding goods to each corner of the globe. And for the average consumer, we know almost nothing about it. It’s our lack of knowledge that’s given rise to an exploding market for counterfeit goods.

Look around your room. Chances are that everything inside has been in a container, on a plane, or inside a truck at some point. The miracle of international trade is a complex beast, a series of arteries feeding goods to each corner of the globe. And for the average consumer, we know almost nothing about it. It’s our lack of knowledge that’s given rise to an exploding market for counterfeit goods.
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