In Hong Kong, According to the South China Morning Post, there was doubling within the variety of instances of scholars promoting counterfeit items on on-line neighborhood marketplaces over the previous yr. The variety of fakes discovered being offered in bodily shops jumped 400% over the identical interval. Even although a few of these gadgets weren’t marketed as originals this exercise continues to be unlawful. Millions of dollars in fakes have been seized and huge fines have been levied on perpetrators.

RealChain is a BlockChain primarily based, AI enhanced, know-how stack that makes use of a database of product knowledge to find out the authenticity of client items.
RealChain affords an answer that assaults the counterfeit drawback at a number of ranges. Consumers can use the RealChain Application to rapidly decide if the product that they’re curious about is actual or pretend. Wholesalers and Retailers also can use the appliance to hint the chain of custody of their inventory again up the availability chain to make sure authenticity. And lastly, legislation enforcement can use the RealChain Application on their cellular units to establish and log fakes within the subject.
RealChain will demo their AI enhanced Identification Hardware on the TokenSky Conference in Seoul, Korea on March, 14th and 15th 2018.  Visit http://rcfund.org/en-US for extra particulars, and Telegram https://t.me/realchainEnglish for quick responses.

Images courtesy of RealChain
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