Automating trust with new technologies
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Automating trust with new technologies

How much does trust cost your company? The OECD estimates that US$461 billion worth of counterfeit goods are sold annually. That’s 2.5 percent of global trade. In other words, one out of 40 items on the global marketplace is a fake. If you’re heading a company, one of your responsibilities is to make sure that none of those fake items ends up as a part in your products or, even worse, in the market with your company’s name on it. Prevention typically requires big spending on duplicative testing, manual auditing, reconciliation, legal fees, insurance, and more.

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