LVHM to track fakes with blockchain
Thursday March 28 2019
Luxury goods brands owner LVHM is using a blockchain project to help track authenticity of high price goods
LVMH – which owns brands including Louis Vuitton and Dior – has named it’s new cryptographic provenance platform AURA and it is expected to go live in May or June.
AURA has been built using a permissioned version of the ethereum blockchain called Quorum, which is focused on data privacy and was developed by JPMorgan.