How Acviss Is Helping Brands Fight Counterfeiting Via Blockchain

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Counterfeiting is an age-old hazard for businesses. It hampers the revenue flow and causes financial losses. The reputational damage it causes to brands is even bigger.

Pirates are a big threat to businesses even in today’s age of non-fungible tokens (NFTs) and digital currencies. While technology is smart, scamsters are getting smarter with equal finesse. Look at NFTs. The very concept of NFTs is uniqueness and non-fungible. However, fraudsters often find a way around it to deceive gullible victims.

Counterfeits are rampant in pharma,…



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How Acviss Is Helping Brands Fight Counterfeiting Via Blockchain


Counterfeiting is an age-old hazard for businesses. It hampers the revenue flow and causes financial losses. The reputational damage it causes to brands is even bigger.

Pirates are a big threat to businesses even in today’s age of non-fungible tokens (NFTs) and digital currencies. While technology is smart, scamsters are getting smarter with equal finesse. Look at NFTs. The very concept of NFTs is uniqueness and non-fungible. However, fraudsters often find a way around it to deceive gullible victims.

Counterfeits are rampant in pharma,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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