PRE ICO Dates : 01/06/18 – 15/06/18
Technology to Eliminate Counterfeit Products
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We are checkitsreal. Our mission is to save lives and reduce suffering by eradicating the $1.7 trillion annual trade in counterfeit products.
Do you know that over a million people die each year as a direct result of consuming counterfeit medication?
The high cost of medication is increasingly encouraging people to buy product over the internet, leaving them vulnerable to counterfeit product.
These counterfeits are the cause of over 120,000 deaths from malaria each year in Africa.
In 2016 67 million American citizens bought prescription meds online, up to 50% of which are fake.
This problem is so big that the European parliament introduced the Falsified Medicines Directive (FMD) and the US Government has passed the Drug Supply Chain Security Act (DSCSA). Both initiatives have laid out a legal framework to ensure that the origin of medication can be traced back to the manufacturer.
checkitsreal has developed a (patent pending) Blockchain based ecosystem which allows anyone to verify a product’s authenticity by simply scanning a QR code using the checkitsreal app.
The app can identify that the product has already been sold and is no longer available for purchase, protecting both the consumer and the supplier from fakes.
Join checkitsreal. Let’s make the world more Real.