The modern market faces enormous problems related to counterfeit products. Experts estimate that the global economy loses billions of dollars annually due to counterfeit goods, which negatively affects both producers and consumers. This issue affects not only luxury brands, but also vital product categories, including medicines, auto parts and food. One of the solutions to combat this problem is an innovative technology that offers a special approach aimed at protecting goods from counterfeiting. It is represented by unique tags based on innovative design and advanced technology, which allows for reliable protection of products.
The counterfeiting problem: a threat to business and consumers
Today, counterfeit products are a global problem that has a devastating impact on various sectors of the economy. Whether it is counterfeit medicines, cosmetics or clothing, manufacturers face lost profits, damaged reputations and decreased customer loyalty.
Consumers, in turn, risk their health and safety by purchasing low-quality products. One mistake – buying a counterfeit product – can not only affect trust in a particular brand, but also lead to serious health consequences. In a highly competitive market, brands that cannot ensure the authenticity of their products risk losing customers forever.
According to the World Intellectual Property Organization, the global trade in counterfeit goods has reached astronomical values. In this situation, it is necessary to look for modern solutions for product protection.
An innovative solution for product protection: what it’s all about
UATAG claims that such technology is a unique system that allows to reliably protect goods from counterfeiting. The main idea behind the solution is to create individual tags for each product. These tags not only identify the product, but also protect it from counterfeiting, making each unit produced unique.
One of the key elements of the system is the use of QR codes. This code, applied to each tag, plays the role of a digital “passport” of the product, which each buyer can easily check by means of a smartphone. Scanning redirects the user to the special online platform, where it is possible to make sure in the authenticity of the goods. In addition, each product will be provided with a unique pattern applied to the tag, which cannot be faked or reproduced.
Another important aspect of the technology is a cryptographically signed serial number. It is assigned to each product and allows full traceability of the product at all stages of its life cycle. In this way, multi-level product protection is provided, making counterfeiting virtually impossible. This solution is not only interesting to implement, but can also give manufacturers confidence in the protection of their own products.
How the technology works
The innovative solution offers comprehensive product protection from the production stage to the authentication of the product by the end consumer. Functioning can be divided into the following stages:
- The first stage is the production of goods that need to be protected. The system can be used for various product categories: from clothing and footwear to cosmetics, electronics and car parts.
- Once the product is ready, a unique tag is generated for each item, including three elements: a QR code, a unique pattern and a cryptographically signed serial number.
- The generated tags are applied to the product or its packaging. Depending on the type of product, this can be a sticker, a tag or integration into the package design.
- Once the tag is applied, the product goes on sale. The consumer purchasing the product gets an opportunity to verify its authenticity with the help of innovative technology.
- To check the authenticity it is enough to scan a QR code on the tag with the help of a smartphone. After scanning, the consumer is redirected to the platform where he or she can get information about the product and verify its authenticity.
- Each scan of the tag is recorded by the system, collecting data on when and where products are used. This data helps manufacturers better understand consumer behavior and develop more effective marketing strategies.
Attractive business solution – UATAG familiarizesÂ
Technology offers companies a range of benefits that help strengthen their market position and increase consumer confidence.
- Robust anti-counterfeiting protection. Each tag is unique, making counterfeiting impossible. Unique tag patterns, QR codes and cryptographic serial numbers provide a high level of protection.
- Increased consumer confidence. Customers appreciate the opportunity to verify the authenticity of their purchase. Using an interesting solution helps brands build trust with customers, which is especially important in a market saturated with counterfeits.
- Improved customer engagement. Technology allows brands to offer consumers personalized promotions, loyalty programs and discounts. This not only improves customer engagement, but also encourages repeat purchases.
- Analyzing data and improving marketing strategies. Since the system captures every QR code scan, manufacturers get information about consumer habits. This allows companies to fine-tune their marketing campaigns and develop more effective strategies.
- Transparency and security. Using blockchain to record tag scan data increases transparency and eliminates the possibility of falsifying information. This is especially important for brands that care about their reputation.
How technology helps end users
The process of checking the authenticity of products with the use of the innovation is extremely simple. When buying goods, it is enough for a consumer to scan a QR code placed on the tag with the help of a smartphone. The system will redirect him to the site, where it is possible to compare the unique pattern of cracks on the glass, applied to the tag, with the image on the screen. Pattern matching is a reliable confirmation of the authenticity of the product.
Additionally, the user can enter a PIN code, which is hidden under the tag’s protective coating, to activate the product. This not only confirms the authenticity of the purchase, but also opens access to bonuses and loyalty programs from the manufacturer. For end users, the verification process is completely free, making it affordable and convenient.
Whether the system can be developed in the future
Progress does not stand still, and therefore the possibility of improvement cannot be ruled out. In the near future, the functionality of the system can be expanded due to the possibility of integration with other digital technologies. To date, the most popular is artificial intelligence (AI) and the Internet of Things (IoT). At the moment, the use of blockchain technology for data storage provides even greater security and transparency of the process.
This solution is also a step towards the creation of Digital Product Passports, which can contain complete information on the origin, composition and environmental impact. This opens up new perspectives for companies focused on environmental and social standards.
Thus, this technology is an innovative solution that can not only protect products from counterfeiting, but also ensure consumer confidence in the brand. With unique tags that cannot be replicated without specialized systems, businesses are offered a reliable tool to increase competitiveness and improve customer interaction. And the systematic collection of data, the use of modern technology and the possibility of even greater development in the future, UATAG says, make this solution promising for further application in the global market.