Emmitt Smith, PROVA Group chairman and founder, about how Smartrac NFC tags secure products against counterfeiting
Wide adoption of NFC will take the fight to the pirates
Global counterfeiting and product piracy damages may reach a stunning $1.7 trillion in 2015, according to a study by the International Chamber of Commerce. The partnership between Smartrac and PROVA will reduce that amount, by enabling consumers and companies to use NFC tags embedded in brand items to verify their originality via a smartphone app.
The technology allows consumers or collectors to tap a smartphone onto the NFC tagged item to instantly access a rich set of information stored in the Cloud. According to Emmitt Smith, PROVA Group chairman and founder, “We’re trying to protect brands by giving customers information about a product, and a simple process and procedure to access that information. This gives consumers the tools to combat fraudulent activity, and to make an informed buying decision at the point of sale.”
The rapid adoption of NFC technology, especially by mobile phone manufacturers, means that accessing this authentication information will soon be available to millions of smartphone users. “With Apple and Samsung starting to support NFC technology, it’s the perfect time for this partnership, as NFC-enhanced brand items will soon start to influence the whole consumer ecosystem,” said Corey Wilson, Senior Director Global Business Development & Consumer Experience at Smartrac. “We are proud to be able to leverage our industry-leading NFC expertise to ensure our tags and technologies fit seamlessly into collectible and other branded consumer goods.”
PROVA’s proprietary technology delivers the confidence buyers and collectors deserve, with an experience no other solution provides. With Smartrac supplying the NFC tags that will be embedded into branded items, the company’s expertise will ensure that the tags provide a superior read-out quality over the product’s lifetime.
NFC tagging makes product identification easier, and is a quick and easy way to mark branded goods as authentic. Could this reliable, low-cost technology be the answer to the global trade in counterfeit goods?
Want to learn more about NFC? Check out our dedicated NFC for all page.