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Blokchi Combats Counterfeit in the Supply Chain

 



Blokchi, a product by medGrids understands the increasing need for a packaging solution that helps fight against counterfeiting activities that have made companies lose sales, consumer trust, and brand reputation. The effects of counterfeit have spread far and wide, from designer footwear to medicines that can cost lives. 


Fortunately, Blokchi knows of the best way to prevent fake goods from entering the supply chain. Blokchi is an ingenious technology, which is a blockchain-based NFT-enabled mechanism. The NFT QR code attached to a product contains unique serialization that sets one product apart from another. 


Each participant is required to scan the product which updates the real-time location of the product. The transparency in the supply chain enables the introduction of anti-counterfeiting by Blokchi. With the assistance of end-to-end track and trace, a report is provided to the participants. 


Anti-counterfeiting by Blokchi helps acknowledge the participant involved in illegal activities. Fashion, food, beverages, footwear, electronic appliances are some of the fields of industries that have been facing challenges in preventing counterfeiting activities from occurring in large quantities. 


Anti-counterfeiting by Blokchi is a genius packaging solution to safeguard a brand’s integrity and retain customer trust. Anti-counterfeiting also ensures to provide end-users with an authentication certificate to verify the genuineness of a product. 

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