Tiny cryptographic ID chip can help combat hardware counterfeiting

To combat supply chain counterfeiting, which can cost companies billions of dollars annually, MIT researchers have invented a cryptographic ID tag that’s small enough to fit on virtually any product and verify its authenticity. A 2018 report from the Organization for Economic Co-operation and Development estimates about $2 trillion worth of counterfeit goods will be sold worldwide in 2020. That’s bad news for consumers and companies that order parts from different sources worldwide to build … More

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