UNDERS
TAND
IDEATE
BUILD
REFLECT
Counterfeit goods, sold under
another brand's name without
authorization, pose a significant
health and safety threat to
consumindustries like fashion,
electronics, and
pharmaceuticalsers and the
economy in various.
This Photo by Unknown Author is licensed under CC BY-SA-NC
Counterfeit goods cause significant economic
losses, stealing billions of dollars from
governments
for
public
services
and
infrastructure. They also lead to job losses and
lower wages in affected industries, erode the
value of trademarks and intellectual property,
and discourage investment in research and
development.
Counterfeit drugs and cosmetics pose significant safety hazards
due to their inferior materials and potential for health issues. These
counterfeit products can cause accidents, illnesses, and even
death, while also causing financial losses for consumers.
Consumers may need to replace counterfeit goods, repair
damages, or seek medical treatment, potentially losing their
warranty or insurance coverage.
The innovative approach of 3D printing
technology is being used to combat
counterfeit products by creating unique
authentication features, such as codes or
patterns, for high-value items like luxury
goods and medical devices. This
technology offers flexibility and
customization options, making it a
promising solution for creating highly
personalized and secure authentication
features.
Thus,3D printed authentication is
an excellent measure which can help
in the decrease rate of counterfeit
goods.The production and
trafficking of counterfeit goods
poses a significant health and safety
threat to consumers and must be
taken care of immediately.
BY GROUP 6