A Blockchain-Based Fake Product Identification System

Abstract

Counterfeit goods have become a global problem as consumers are being deceived into buying unauthentic goods with no way to validate the authenticity. Recently, blockchain has become more popular as it fosters trust between untrusting participants. This paper uses blockchain technology to combat the sale of counterfeit products. We use blockchain to allow manufacturers to add authentic product serial numbers onto the ledger; consumers can then use the serial number to verify the authenticity of a product before purchasing it. Blockchain plays a pivotal role in ensuring that data was not tampered with - creating a trusted environment.

Topics & Concepts