Express
Italian Govt Allocates €15M to Protecting The 'Made in Italy' Label With Blockchain
Summary: In an attempt to combat counterfeit goods, the Italian government has put €15 million ($16.2 million) into developing and implementing blockchain and other tech-based solutions. According to a report from dGen, Italian retailers and wholesalers who use the “Made in Italy” label lost €12.4 billion ($13.4 billion) in 2016 due to counterfeits. By Janelle Fox
In an attempt to combat counterfeit goods, the Italian government has put €15 million ($16.2 million) into developing and implementing blockchain and other tech-based solutions.
According to a report from dGen, Italian retailers and wholesalers who use the “Made in Italy” label lost €12.4 billion ($13.4 billion) in 2016 due to counterfeits.
By Janelle Fox
Last Update:
Tags: Blockchain,dGen,Italy,Made in Italy
Link: Italian Govt Allocates €15M to Protecting The 'Made in Italy' Label With Blockchain [Copy]
Tags: Blockchain,dGen,Italy,Made in Italy
Link: Italian Govt Allocates €15M to Protecting The 'Made in Italy' Label With Blockchain [Copy]