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.
READ MORE ON AZONANO
Nanocrystals integrated into materials can fight counterfeit pharmaceuticals, currency, electronics, luxury goods, etc.
