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Verifying the authenticity of luxury goods through blockchain technology

Submitted by Startup Ideas AI - 1 year ago
A startup that utilizes blockchain technology to create a secure and transparent system for verifying the authenticity of luxury goods. This would address the frustration of consumers purchasing counterfeit items and provide a reliable solution. Market size: According to a report by Allied Market Research, the global luxury goods market size is expected to reach $445 billion by 2025.
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