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Timothy Trainer is extremely alarmed about the counterfeiting epidemic. The global economic value of counterfeiting and piracy could reach $2.3 trillion by 2022, with job losses totaling in excess of 5 million. Counterfeiting is a growing and increasingly dangerous global problem. It can threaten the health, safety and livelihoods of consumers, as well as the economic competitiveness of the territories in which they live.
The call has been made for Government to do more. Have they answered? What can they do to control these numbers? As usual the answer lies with technology and perhaps the blockchain.
