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Infineon and DIGISEQ develop secured physical asset verification
In a joint project, Infineon Technologies AG and DIGISEQ, an IoT platform provider with end-to-end service, utilize SECORA™ Blockchain NFC technology to deliver secured identity data. This is a product release announcement by Infineon Technologies AG. The issuer is solely responsible for its content.
This advanced solution connects the digital data recorded on blockchain to the physical item, allowing for comprehensive verification of the identity of items – eliminating the challenge of product substitution and heightening supply chain transparency.
“DIGISEQ is the ideal partner to develop an end-to-end brand protection solution based on Infineon’s SECORA Blockchain. Our partner is experienced in providing secured end-to-end services and is a centerpiece between banks, product creators, and chip manufacturers”, said Maurizio Skerlj, Vice President and Product Line Head of Infineon’s Identity Solutio
NFC Blockchain technology to identify counterfeit goods Infineon and DIGISEQ have joined forces to use SECORA Blockchain NFC technology to identify and verify physical items in a moved designed to tackle the challenges of product substitution and supply chain transparency.
This advanced solution connects the digital data recorded on blockchain to the physical item, allowing for comprehensive verification of the identity of items â eliminating the challenge of product substitution and heightening supply chain transparency.
âWith counterfeit and pirated products on the rise brand protection has never been more important to enable economic growth of legitimate businesses as well as public health and safety. Our hardware-based SECORA Blockchain gives products a digital identity and blockchain makes it visible, said Maurizio Skerlj, VPand Product Line Head of Infineonâs Identity Solutions.
NFC Blockchain technology spots counterfeit goods
Infineon and DIGISEQ have joined up to use SECORA Blockchain NFC technology to identify and verify physical items – eliminating the challenge of product substitution and heightening supply chain transparency.
“With counterfeit and pirated products on the rise brand protection has never been more important,” says Infineon vp Maurizio Skerlj.
In the report “Trends in Trade in Counterfeit and Pirated Goods” from 2019, the OECD and the EU Intellectual Property Office (EUIPO) stated that the industries most negatively impacted by counterfeiting activities are consumer goods, business-to-business products, IT goods and luxury items.
The report shows that in 2016, imports of counterfeit and pirated products into the EU amounted to as much as €121 billion representing 6.8% of EU imports, as compared to 5% in 2013.