Some 2 to 5 percent of all international trade involves counterfeit goods, according to a 2013 United Nations report. These illicit products — which include electronics, automotive and aircraft parts, pharmaceuticals, and food — can pose safety risks and cost governments and private companies hundreds of billions of dollars annually.
Many strategies have been developed to try to label legitimate products and prevent illegal trade — but these tags are often too easy to fake, are unreliable, or cost too much to implement, according to MIT researchers who have developed a new alternative. […]
The paper’s lead authors are MIT postdoc Jiseok Lee and graduate student Paul Bisso. MIT graduate students Rathi Srinivas and Jae Jung Kim also contributed to the research.
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