IBM Blockchain To Help In Combating Fake HDD
Partners will use the IBM Blockchain platform to authenticate products’ origins, which should provide a high protection level. The project aims to help enterprises fight the spread of counterfeit storage devices.
Based on the latest information from the International Anti-Counterfeiting Coalition, the volume of world trade in fake and pirated electronics in 2015 amounted to over $1.7 trln. To make these indicators less, partners create a system like an “electronic fingerprint”. Blockchain will keep all products information unchanged during their life cycle.
Seagate is to upgrade the IBM Blockchain platform on the IBM Cloud with the product identification data at the time of its production based on the Seagate Secure Electronic ID (eID), that can be utilized to check each released hard drive in order to see if some product is authentic.
Blockchain can be rather useful in verifying the origin and authenticity of devices, Bruce Anderson, Managing Director at IBM Electronics Industry, stated.
By integrating Seagate’s solutions in security of products with IBM’s experience in the blockchain industry, it will be possible to prove the number of counterfeit products can be reduced, Mark Re, Seagate Senior Vice President and CTO, stressed.
As previously reported, a Canadian organization used the IBM blockchain in the fight against ocean pollution.