Application of blockchain technology to destroy fake business models
Utilizing blockchain technology to destroy counterfeit goods businesses, applications made from bcockchain technology are designed to make it easier for buyers to know what they are buying, genuine or fake. not only that, this application can also distinguish the identity of items that have been used. Of course this will make it easier for buyers who want original products from factories they know.
Blockchain technology has penetrated in all areas of productivity which benefits buyers and traders. Like using blockchain technology in the Indonesian agricultural sector that can help farmers to practice the data they get from blockchain to increase annual yields. Counterfeit goods business has occurred since ancient times, the presence of Blockchain technology today has made a lot of changes in all industrial fields that feel disadvantaged by the fake goods business.
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what is TBSx3 and its purpose
Applications that are made use blockchain technology to ensure and ensure you, to find out the items you purchased original goods produced from industries you know. And can prevent you from buying counterfeit goods generated from counterfeit goods businesses. If the buyer uses the TBSx2 application, all fraud in the fake goods business can be easily recognized. and this will also benefit traders who produce genuine goods.
Benefits
If the buyer uses the TBSx2 application, all fraud in the fake goods business can be easily recognized. and this will also benefit traders who produce genuine goods. By protecting the original brand, all consumers care about the brand they will buy and ensure that the product they buy is the original brand they trust.
Three protective layers offered by the TBSx3 application, Cryptographic Certainty, Logistics Tracking, Blockchain. all protective layers have their benefits, the original brand that has received TBSx3 protection has a unique encrypted code that identifies each item.
![](https://steemitimages.com/640x0/http://res.cloudinary.com/oracle-d/image/upload/v1540932547/ykv5xnes3wlcabwhvtbv.png)
How it works
Download the TBSx3 app for free, check the TBBsx2 logo on the items you bought, then scan. see the product information that you have scanned, starting from the materials used and the brands you trust. If you are confident and satisfied, already know the authenticity of the item you want to buy. then buy the item that you have scanned using the TBSx3 application.
By utilizing blockchain technology, all counterfeit goods businesses will be destroyed. of course this will maintain the authenticity of the goods and maintain the trust of consumers who want the original brand from the industry they trust. new breakthroughs that can make changes in the trade sector, consumers and traders in this case, are equally beneficial.
![](https://steemitimages.com/640x0/http://res.cloudinary.com/oracle-d/image/upload/v1540934043/kz0bwxtjvgyynxegzkr7.png)
In May 2017 they have successfully tested the TBSx3 application based in Australia to combat the global counterfeit goods industry. In the #decentralized2018 event which will take place on 14-16 November 2018 at Divani Caravel, Athens, Greece. MARK TOOHEY will be the speaker on the topic "Assessing the Reality and Opportunities of Blockchain Implementation in the Supply Chain."
"Counterfeiting of goods also penetrated in all fields, including drugs which resulted in 1,000,000 deaths each year from counterfeit drugs. MARK TOOHEY was shocked when cancer patients were given fake chemotherapy. As a patient with throat cancer in 2010. he found several bad people who cheated others on their last chance to live by giving fake chemotherapy. He closed his law firm and dedicated himself to fixing this problem."
![](https://steemitimages.com/640x0/http://res.cloudinary.com/oracle-d/image/upload/v1540936660/q1x6bfhsfqszwwy4e5y4.png)
"After successfully completing one of the largest blockchain trials to secure cargo throughout the global supply chain in May 2017, which tracks wine distribution from Coonawarra, South Australia to Qingdao port in northeast China. as written by Patrick Burnson on the TBSx3 news site"
Disclaimer
This shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money investing in crypto currencies. The information above is for educational and entertainment purposes only.
Links to include
- Website: https://www.decentralized.com/
- Speakers: https://www.decentralized.com/speakers-2018/
- Promotional Video: https://www.youtube.com/watch?v=SiVm2RO51bE
- University Of Niscosia: https://www.unic.ac.cy/
- Sponsors: https://www.decentralized.com/sponsors2018/
- Press Releases: https://www.decentralized.com/blog/category/press/
- Buy Tickets: https://www.decentralized.com/conference/register/
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