IBM adds crypto-anchors to blockchain to fight fraud

Tom Allen
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Fraud costs the global economy more than $600 billion each year, says IBM
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Fraud costs the global economy more than $600 billion each year, says IBM

A crypto-anchor ties a physical product to the blockchain

With cases of fraud rising - costing the global economy almost £13.3 trillion from 1997 - 2016 - technologies that can counter the threat are more important than ever. Blockchain has been heralded as one...

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