Tech Crunch – Former Tesla product manager wants to make luxury goods impossible to fake, starting with a chip

The fake goods crisis cuts two ways. Luxury brands lose more than $30 billion a year to counterfeits, while buyers in the booming $210 billion second-hand market have no reliable way to verify that what they’re purchasing is genuine. Veritas wants to solve both problems with a solution that combines custom hardware and software. The […] Read more: Read More