Blockchain Counterfeit & Authentication Technology
DSS is a leader in anti-counterfeit, authentication, and diversion protection technologies. Since March 2018, LSCM has collaborated with DSS on the development of the next-generation DSS brand protection products. Blockchain technology was used to ensure the logistics security of products trading across Hong Kong through multiple channels, including retail and online distribution.
Currently, the project has successfully introduced blockchain technology into the anti-counterfeiting certification product suite of DSS AuthentiChain. Product information protected by DSS AuthentiGuard, LSCM Authen√TickTM and other third-party anti-counterfeiting and authentication technologies can easily be recorded in the blockchain. The blockchain traces all transactions and status changes that occur when goods are shipped along the supply chain, so that all stakeholders and systems can know the where about of the goods.
The Authen√TickTM technology developed by LSCM can scan the RFID tags for the product data through RFID readers, and then compare it with data stored in the blockchain. It helps improve data security, reliability and efficiency when doing product authentication and checking information sources. Leveraging the advantages of the two technologies, the productiveness of supply chain management in Hong Kong can be enhanced, making it more reliable, efficient, safer and less costly.