CPG Industry
Guarding Authenticity, Ensuring Trust
The Blockchain Armor for Consumer Goods Fakes and Counterfeits: Unmasking the Hidden Threat to the Consumer Goods Industry Counterfeiting poses a significant menace to the Consumer Packaged Goods (CPG) or Fast-Moving Consumer Goods (FMCG) industry.
For consumers, the effects can be devastating. Picture this, purchasing counterfeit CPG products, such as food, beverages, personal care items, electronics, and toys. Not only do they lack quality and safety standards, but they may also contain harmful substances, posing serious health risks. These unsuspecting customers may experience adverse reactions, from mild allergies to severe illnesses, jeopardizing their well-being.
The scale of the problem is astounding. The International Chamber of Commerce (ICC) estimates that counterfeit products make up 5-7% of global trade, costing the global economy a whopping $1.8 trillion annually.
Our solution allows for the creation of a decentralized ledger, where each product’s journey is recorded and verified in the supply chain. Consumers can easily access a product’s history, ensuring its authenticity and safety. The immutable nature of Blockchain ensures that counterfeit products are easily identified and eliminated from circulation.
Stay vigilant, only purchase from trusted sources, and spread the word to protect others from these treacherous imitations.
How can the CPG industry combat this growing menace? Enter Dionez Fides a public Blockchain leveraged, technology marvel. By leveraging the inherent features of Dionez Fides solution, CPG brands can establish a secure and transparent supply chain ecosystem. Our Blockchain system can be integrated with our Internet of Things (IoT) solution, this further ensures that products are maintained at the right temperature from start to customer end point, ensuring freshness and safe consumable products.
Additionally, Dionez Fides enables seamless collaboration among stakeholders, including manufacturers, distributors, retailers, and even consumers. By sharing real-time data on counterfeiting incidents, organizations can swiftly identify and eradicate counterfeit products, safeguarding both their businesses and consumers.
Together, we’ll shine a light on the dark side of counterfeit products!
Counterfeit goods are a threat to public safety, take the Dionez Fides trust to your consumers.
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