Komposite Launches Blockchain to Address Counterfeit Problem

Zug, Switzerland–(Newsfile Corp. – July 19, 2022) – Komposite launches blockchain technology that will solve the counterfeit problem that challenges brands worldwide. This platform connects real products with blockchain using blockchain technology and triple scanning technology embedded into products, making it impossible to counterfeit global brand products.

Komposite blockchain has four types of nodes. Stakeholders are represented in every node, offering their own specialized method of representation and interaction. Firstly, the Trusted Verifier Node (TVN) were designed for companies to become part of the blockchain. This is how they control their product in a decentralized manner. The next two nodes, Clerk Node and Verifier Node work in organizing, directing and verifying transactions for the network. Finally, the User Node is the interface that regular users will use to interact with the network.

With this new paradigm of the Komposite blockchain, which shifts slow, low-volume, expensive networks to high-volume, high-velocity inexpensive transactions; real-world brands can establish clear proof of ownership, authenticity and control by using unique security links that create a digital bridge between customer and brands.

As an effective tool for holding counterfeit giants accountable, Komposite aims to create balance in the retail arena.

About the Founder

Noam Krasniansky, a British national, founder of the Komposite foundation (Switzerland). Noam believes in ‘innovate or die’, which is exactly why he came up with the idea of Komposite. He has developed award-winning products for television, social media, print, and digital. The combination of Noam’s innovative spirit and creative abilities has led to the creation of Komposite.

For more information:
Website: https://komposite.org/
E-mail: irene@komposite.org

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131346