Using Blockchain to Fight Counterfeit Cosmetic Products – A Review

Abstract

This paper is a review on the application of blockchain and other emerging technologies to reduce the number of counterfeit cosmetic products in the personal care market. The technology behind these efforts are offered by Morpheus Network which is a full-service, global, automated supply chain platform with an integrated, multi-flow payment system. In this paper, the automated workflow approach by Morpheus is explained.