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Report: LVMH to Launch Blockchain Authenticating Luxury Goods

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Its role in business might be in flux, but one luxury giant is said to be betting big on blockchain. LVMH is reportedly planning to launch a blockchain platform that will trace and confirm the authenticity of the high-end wares produced by the 70 luxury houses under its umbrella, according to CoinDesk, an outlet that…

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