Blockchain technology is increasingly being adopted to address trust and transparency issues across various industries. Financial giants like JPMorgan and BlackRock are utilizing blockchain for asset tokenization, enabling instant settlement of stocks and bonds while minimizing intermediaries and operational risks. In the luxury sector, companies such as LVMH and Breitling are employing blockchain to create secure product identities, effectively combating counterfeiting. Additionally, firms like Unilever and De Beers are using blockchain for product traceability and ESG verification, enhancing authenticity and transparency in global markets.
Blockchain Adoption Expands Across Finance and Luxury Sectors
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