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" ... An obvious potential floor is that users currently provide the details of their products themselves, allowing serious room for error either deliberate or accidental. Not to mention the possibility of it becoming a trading post for stolen goods and counterfeit crap. DIEM’s currently tackling that with expert manual checkers who confirm if the items sent in are legit, with a 7-day interim period set for disputes. Clearly a barrier to scaling the business, Cupi acknowledges the next phase will need to include authentication tech: ... "
" ... Notwithstanding all this, there are several limitations with this scheme. Some are noted in paper: the ability to counterfeit CBDC has a strong incentive and hence will attract the attention of criminals and state actors; such an ability can be replicated frictionlessly compromising the whole system (they call this an inability to gracefully degrade- the whole system may have to be shutdown to protect against large scale failure) ; recovery of funds due to loss of device through theft, damage or loss is impossible. One of the others relates to readiness, the offline balance on the protected device has to be created during an online session. Since emergencies and crises happen without warning, such a contingency needs planning and forethought; not everyone’s forte. A behavioral tweak would be to support a wallet feature that segregates a set percentage or a fixed amount into offline storage every-time it detects a stable connection to the dispensing server. ... "
" ... The Amazon Transparency program is a way for brands to protect against counterfeit products on Amazon. The Transparency program assigns a unique serial number to each product unit you sell, preventing counterfeit products from being delivered to customers. Amazon will give each product unit a QR code that they’ll scan before the product gets sent off. ... "
" ... Without knowing if an item is original or counterfeit, healthy or contaminated, and from the source that it claims, there's no simple and trusted way to verify the authenticity of the item. The lack of a system to verify the health and transparency of a supply chain prevents consumers from having confidence in the goods they are buying. ... "