How brands are protected by creating digital twins on the blockchain?
One of the biggest concerns that companies and brands constantly face is counterfeiting of their products. Because technology is easily accessible everywhere, it is also easy to create replicas and sell them as originals.
Therefore, legitimate brands lose business opportunities, and in the process, their reputation can be damaged. Creating a digital twin may provide a solution to such concerns.
A digital twin literally means the “twin of digital.” By utilizing IoT and other technologies to send information about the physical space to the cyber space in near real time, it reproduces the physical environment within cyberspace. The reason it is described as a “twin” is that all information about the physical world is reproduced in cyberspace.
Quotation:The Digital Twin You Should Not Be Without Asking About Anymore (1/2)
Quotation:The Digital Twin You Should Not Be Without Asking About Anymore (1/2)
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