Your Louis Vuitton Bag Might Be Fake — Blockchain Is About to Make That Impossible to Hide
Counterfeit goods cost American consumers and businesses over $600 billion every year — from knockoff handbags to life-threatening fake medications. A growing number of brands, governments, and startups are betting that blockchain technology and NFT-based verification can permanently close the authenticity gap. Here's how it works, who's already doing it, and why it matters to anyone who's ever dropped serious money on a high-value purchase.