Counterfeit goods are made using cheap, substandard, and dangerous components that put the health and safety of consumers at risk. Counterfeiters conduct their illegal business worldwide. This is not limited to products and services but also to the financial sector.
For example, the financial infrastructure is based on a centralized system regulated by some powerful banks and private institutions. They can be hacked, or they can decide who is accepted or not in the group.
We propose the use of open source technology in order to fight against counterfeiting but also to give back the power to consumers. So we propose to our customers to adopt the blockchain and the PKI infrastructures.
The Blockchain uses cryptography to add a layer of security to the data stored on the network. The decentralization feature, on top of the cryptography, makes blockchain free of Middle Man. So movements of money, contracts and assets are performed without any validation other than mathematics and algorithms.
A public-key infrastructure (PKI) is a set of roles, policies, hardware and software in order to create, manage, distribute, use, store and revoke a digital certificate and manage the public-key encryption. The purpose of a PKI infrastructure is to facilitate the secure electronic transfer of information for a range of activities such as product validation, e-commerce, internet banking and confidential information.