ObjectID Files Patent for Decentralized Product ID System Built on IOTA
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最新报道：Object ID has filed a patent for a decentralized product identification system built on the IOTA blockchain, aiming to combat counterfeit goods and enhance supply chain transparency. The system assigns unique digital IDs to physical products, enabling verification of authenticity and tracking throughout their lifecycle. Leveraging IOTA's feeless transactions and scalability, the solution targets industries like luxury goods, pharmaceuticals, and electronics where counterfeiting is prevalent. Object ID's CEO emphasized the system's potential to reduce fraud and build consumer trust while maintaining data privacy through decentralized storage. The patent application highlights the growing adoption of blockchain technology for anti-counterfeiting and supply chain management solutions.
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