Blog
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XenTag Sets New Industry Standard for Pharmaceutical Security with Unclonable Smart Labels
XenTag revolutionizes pharmaceutical security with unclonable smart labels, using dual encryption and blockchain technology to eliminate counterfeit risks. Learn more about the future of drug authentication.
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Secure NFCs or QR Codes – Which Better Protects Your Products’ Authenticity?
When it comes to your products’ authenticity, security, and tracking needs, you may find yourself asking whether or not QR codes or NFC tags might help. While both are effective technologies for businesses to use, they each have their own unique characteristics that should be taken into consideration before you invest in the technology. …
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Know Your Sources: How XenTag can eradicate food fraud
From mislabelling GMO produce as organic to lacing infant milk with melamine, easily one of the most reprehensible displays of greed over safety is tampering and fraud within the food and beverage industries. Unlike other household goods and products, issues in the food and drink market can have deadly consequences. In this post, we’ll look…
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How StockX, eBay and Other Retailers are Using NFC Tags to Instill Buyers’ Confidence
A few years ago, online retail giant eBay announced its plans to roll out a new authentication program for sneakers sold on its platform. The project came on the tails of luxury shoe purveyors SneakerCon and GOAT, both of which have had legitimacy verification practices in place since as far back as 2015. While requiring…
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Counterfeit Wine – How big is the problem and how can we solve it?
Wine counterfeiting is about as old as wine making itself. The fact that an estimated 20% to 25% of wine sold worldwide is fraudulent in some way is a sobering issue that plagues the entire industry. Rare and collectible wines have always been a prime counterfeiting target, with crooks diluting or substituting fine wines with…
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The Cost of Counterfeit Luxury: How XenTag can help you spot a fake
“Counterfeiting will become the crime of the 21st century.” – James Moody, former Chief, FBI Organized Crime Division The first counterfeiting of luxury goods dates as far back as 27 BCE. A wine merchant hailing from Gaul managed to counterfeit trademarks on a wine amphora (a Roman or a Greek jug or a jar…
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Fake Pharma: How XenTag can solve the underground drug market
According to a report published by the National Library of Medicine, 35 of the largest pharmaceutical companies worldwide accounted for a collective revenue of 11.5 trillion USD, a gross profit of 8.6 trillion USD, from 2000 to 2018. These numbers speak to the massive profitability of “Big Pharma” over the last two decades, but the…
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Counterfeit Cosmetics: XenTag exposes the ugly side of beauty
If a deal seems too good to be true, it usually is. The counterfeit market has long been a counterpoint to all kinds of goods and products, from luxury brand items to pharmaceutical drugs and beauty products. The unauthorized reproduction or imitation of legitimate goods for financial gain (and misleading people into believing said products…
