SimplyBrand will clean e-commerce of brand counterfeiting

In a world where e-commerce is becoming more relevant than any time in the history of trade(buying and selling), statistics have shown that the number of trades taking place within the digital space will grow by 12% in the next couple of years.

Based on the fact that the statement above is true, it is now important that one of the most important challenges facing e-commerce (brand counterfeiting) is tackled with all seriousness. This is what makes a project like SimplyBrand a must in the e-commerce space.

SimplyBrand is a blockchain-based project that aims at fighting brand counterfeiting. The increase in the rate of e-commerce usage and patronage of online shopping interfaces has given rise to the rate in this crime popularly known as brand-counterfeiting. SimplyBrand however, will fight the issue of brand counterfeiting using blockchain technology.

Watch the video below to get more details on what SimplyBrand is bringing and how they intend to make that happen;

SimplyBrand also has a native token that will be used within their ecosystem so you might want to check out their token on Cobinhood using the links provided at the end of this article.

Disclaimer: This is not, and should not be taken as a piece of financial advice. If you find this article interested and would like to know more about SimplyBrand, kindly follow the links below for personal research.