Three Compelling Arguments about Digital Authentication
Here’s a shocking statistic — According to the Organisation for Economic Cooperation and Development (OECD) it is estimated that counterfeit and pirated goods account for between 3–5% of global trade each year. That’s upwards of $500 billion flowing around the world in imports and exports. That’s the physical goods. If you add in the value of pirated digital services like streaming film and music, plus software piracy, that figure grows closer to the $1 trillion mark, with almost $225 billion accounted for by domestic US piracy alone. Which means authenticity — and proving it — might just be one of the most valuable things in the world.