European Union to Fight NFTs Against Counterfeiting and Fraud

The European Union is working on a project that will use blockchain architecture and NFTs (Non-fungible Tokens) to combat counterfeiting and fraud.

The European Union recently counterfeiting and forgery as part of the fight against blockchain technology and NFTs He announced that he was working on a system that would use European Union Intellectual Property Office In the document published this month by working principles detailed.

The project includes works produced by the authors. NFT twin by creating blockchain network and then interpersonal communication of products throughout the logistics chain. transferring works on the basis.

European Union Intellectual Property Office, end of 2023 hopes to implement a system that works just as well. However, in order to achieve this goal, there is a need to group the authors, logistics operation staff and stores. recording system will need to be created.

The use of blockchain technology in the supply chain has been around for some time. evaluated by the industry. An enterprise blockchain technology company Vechain and global supply chain solutions Oriononebring blockchain technologies into the supply chain. to integrate for the purpose of partnership announced that it was established.

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