Fakeproof will test and validate the following blockchain-based solution in the scope of BlockStart:
fakeproof aims to create the most secure, scalable and decentralized solution against product piracy. As we observe the rapid adoption of smartphones, reduction in the cost of secure hardware components and the advent of DLT, we leverage them all to build a very unique solution against product piracy, information exchange between producer and consumer across product lifetime, and also analysis of meaningful data.
fakeproof delivers five main advantages:
With fakeproof, products can be securely authenticated. The smart architecture protects the product even against high level attacks.
Location and time of the authentication can be recorded which opens new possibility to analyze the lifecycle of the product.
fakeproof opens new opportunities to communicate with the customer resulting in a stronger identification with the company’s brand.
Customers can display and review data which is added even after the distribution of the product. This enables the possibility to mark stolen goods or recall a production failure before the product is used.
By designing an absolute decentralized system fakeproof solution is not dependent on any further provided services. Therefore, there is no single point of failure