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Gxt - Authenticity

A Decentralized Application to Identify and Reduce Counterfeited goods in the post supply chain.

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Gxt - Authenticity

A Decentralized Application to Identify and Reduce Counterfeited goods in the post supply chain.

The problem Gxt - Authenticity solves

The internet has made our lives easier and more comfortable, however, you can become anyone or anything online- at least for a while. We have often heard stories about catfishing an individual, for instance. But it's not just people, even goods can be “catfished”. Sometimes people order a certain product from an online website and end up with lower quality products or, worse, something completely different. In the last several years, the cost of return deliveries has grown by 75%, reaching an estimated $670 billion in 2021. It is a waste of not only the time of the customer but also various resources. Thus a suitable solution to curb this malicious issue to improve customer experience is required in this era of ecommerce.

Challenges we ran into

Technical implementation of the application.
The challenges on implementing the anti-counterfeiting solution for offline stores in the post supply chain.
Creating a SHA256 Cryptographic Extension Algorithm to solve the counterfeiting problem after the product enters the supply chain.

Discussion