Blockchain Solutions for Detecting Fake Products

A significant challenge in today's retail market is the proliferation of counterfeit products. Every product developed carries inherent risks, including counterfeiting and duplication, which can negatively impact a company's reputation, revenue, and customer satisfaction. The trade and marketing of counterfeit goods are rapidly increasing, and it is nearly impossible to identify a counterfeit product solely by appearance. Counterfeit goods have become a global problem as consumers are tricked into purchasing unauthentic goods with no way to validate the authenticity. This project centers on using blockchain to create a tamper-resistant system, ensuring the traceability of genuine products in the supply chain. A blockchain-based software can enhance market growth, ensure product authenticity, and protect consumer trust while preserving manufacturer reputation and value. This software can serve as a reliable tool for detecting genuine products, benefiting both the market and manufacturers.

Authors

Publication Details

Published
2024-12-20
DOI
https://doi.org/10.1109/innova63080.2024.10847021
Primary Topic
Spam and Phishing Detection
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Blockchain Solutions for Detecting Fake Products

Shraddha Kale, Manish Patil, Niraj Pingale, Mayura Gavhane
Spam and Phishing Detection
article

Blockchain Solutions for Detecting Fake Products

Shraddha Kale, Manish Patil, Niraj Pingale, Mayura Gavhane
article en

Abstract

A significant challenge in today's retail market is the proliferation of counterfeit products. Every product developed carries inherent risks, including counterfeiting and duplication, which can negatively impact a company's reputation, revenue, and customer satisfaction. The trade and marketing of counterfeit goods are rapidly increasing, and it is nearly impossible to identify a counterfeit product solely by appearance. Counterfeit goods have become a global problem as consumers are tricked into purchasing unauthentic goods with no way to validate the authenticity. This project centers on using blockchain to create a tamper-resistant system, ensuring the traceability of genuine products in the supply chain. A blockchain-based software can enhance market growth, ensure product authenticity, and protect consumer trust while preserving manufacturer reputation and value. This software can serve as a reliable tool for detecting genuine products, benefiting both the market and manufacturers.

Openalex Percentile: Top 58%
Spam and Phishing Detection
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.