Detecting Counterfeit Goods with a Blockchain- Enabled Barcode System
Sarthak Bhagwatkar, Deepti Gupta, Pratik Satale, Nihar Rajan, Harshad S. Patil, Savita Adhav · 2023
In the quickly changing world of technology, there is always a danger that a technology or product may be developed globally. Examples of this risk include copying and counterfeiting, which can hurt a company’s brand, revenue, and consumer health., are examples of the rapidly expanding world of technology. The project’s primary objective is to consider whether the customer’s purchased item matches the description in the false or real compared to block chain, we have the traditional supply chain. Standard supply chains provide compact networks where the company delivering the service or the goods retains the data. Because they have such control over the market and the data, they are susceptible because they can alter it anyway they see fit. For genuine businesses, counterfeiters present serious problems, but far too many people are unaware of the full extent of the impact that these products have on brands. Various strategies have been developed in the past to circumvent the issue of product counterfeiting. Anti-counterfeiting strategies frequently used include those based on QR codes, AI, and RFID tags. These techniques do have certain limits, though. For instance, it is simple to copy QR codes and add them to fake goods, which reduces their usefulness. Convolutional neural networks (CNNs) and machine learning are two examples of AI technologies that demand a lot of computational power, which may be challenging and resource-intensive. Due to these challenges, further research and development are required to solve them and improve the efficacy of anti-counterfeiting techniques. The goal of this initiative is to increase forged goods identification using supply chain history tracking. This is accomplished using Throughout the supply chain, block chain technology enables the identification and tracking of genuine items. Everything is made decentralized and accessible by several parties at once via a block chain-based system. One of its key benefits is that the data is incredibly safe and protected from any vulnerabilities since it cannot be changed without the approval of all parties involved.