Mit Invents Cryptographic Tag Of Everything Could Protect Against Counterfeiting
A 2018 report from the Organization for Economic Co-operation and Development estimates about $2 trillion worth of counterfeit goods will be sold worldwide in 2020. That’s bad news for consumers and companies that order parts from different sources worldwide to build products. Counterfeiters tend to use complex routes that include many checkpoints, making it challenging to verify their origins and authenticity. Consequently, companies can end up with imitation parts. Wireless ID tags are becoming increasingly popular for authenticating assets as they change hands at each checkpoint....