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Reading: Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?
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Mycryptopot > News > Crypto > Altcoins > Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?
Altcoins

Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?

August 1, 2025 4 Min Read
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  • TokenLabs, ObjectID, and IOTA intention to sidestep outdated checks by assigning cryptographic IDs to objects.
  • Reside updates on IOTA’s ledger assist expose tampering at any level in a product’s lifecycle.

Counterfeiting drains an estimated $450 billion from the worldwide economic system yearly, and that determine might greater than double by 2030. From faux luxurious baggage to imitation prescription drugs, the injury cuts throughout sectors. Standard safety strategies equivalent to QR codes, barcodes, and holograms have misplaced effectiveness as counterfeiters proceed to outpace them.

A brand new path is being explored by TokenLabs in cooperation with ObjectID and IOTA. As an alternative of counting on central databases, the mannequin assigns digital identities on to bodily merchandise. TokenLabs makes the case:

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The answer isn’t higher databases. It’s a brand new layer of belief constructed on decentralized id.

Counterfeiting is a $450 billion/yr downside eroding belief in world provide chains

The answer is not higher databases

It is a new layer of belief constructed on decentralized id

To know this revolution, we have launched a brand new, important course in our Academy, centered on… pic.twitter.com/0gBqg67tkg

— TokenLabs.community (@TokenLabsX) July 24, 2025

Tamper-Proof Product Monitoring Powered by IOTA and ObjectID

On the core of this strategy is ObjectID, a system that provides each product its personal verifiable ID. These IDs are cryptographically tied to the official area of the model and a decentralized identifier (DID). Solely the true area proprietor can concern a legitimate id, blocking faux issuers and unauthorized good contracts.

Complementing that is IOTA, which offers a public and feeless digital ledger. The ledger doesn’t simply retailer fastened product information—it helps real-time updates that don’t compromise the unique knowledge. This provides a second layer of transparency throughout the lifetime of any merchandise, whether or not it modifications fingers as soon as or 100 occasions.

In a latest replace, CNF reported that ObjectID has moved to patent its digital id system, structured totally on IOTA’s distributed expertise. Fairly than storing knowledge in a central location, it spreads out information, lowering danger and eliminating single factors of failure.

IOTA’s ledger can lock product knowledge completely or enable verified updates throughout completely different levels. If any a part of the info is altered with out authorization, the system detects it instantly. This protects in opposition to tampering not simply at retail stage, however by way of the whole product chain.

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TokenLabs Rolls Out New Training Module

On-line marketplaces proceed to function a serious outlet for counterfeit items. Quick listings and weak screening have made it practically unattainable for traditional checks to maintain tempo. But when every product features a verified ID, inspectors and patrons might entry dwell, tamper-proof knowledge earlier than finishing a transaction.

TokenLabs has launched an training module to boost consciousness about how the system works. The course explains how digital “passports” for objects work, why second-hand market checks matter, and the way anti-fake mechanisms operate at a fundamental stage.

Wider use of this technique received’t occur robotically. Success requires cooperation throughout the whole provide chain, from factories to retailers. Producers should tag merchandise from the beginning, and clients want methods to test these tags in actual time. With out such alignment, the community can’t function at full power.

Regardless of that, TokenLabs claims the mix of IOTA and ObjectID provides a path to rebuild public belief. They argue the system might enable full monitoring of authenticity from manufacturing to retailer cabinets, and shut loopholes that counterfeiters exploit at the moment.

Contents
Tamper-Proof Product Monitoring Powered by IOTA and ObjectIDTokenLabs Rolls Out New Training Module
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