Why counterfeit detection system?
Document and or product counterfeit activities is considered a major concern for countries and societies due to the amount of direct harm on people or economic losses for countries and companies.
Counterfeit & Economic Losses Annually in $USD
- 1 million lives lost and $200 Billion due to Counterfeit in Drug Industry.
- $100 Billion due to Counterfeit in Banking Industry.
- $100 Billion due to Counterfeit in Insurance Sector.
- $500 Millions due to Counterfeit, Fake University Degrees.
- 40,000 Fake Ph.D. Degrees in the US annually.
- 10,000 Fake Medical Doctors in the US.
- 200,000 fake degrees in the Middle East.
Types of Counterfeit Detection:
Fixed Non-Variable forgery such as organization’s name, address, signature, stamp etc.
Dynamic Variable forgery such as personal name, ID number, address, college, specialty, grades, birthdate, expiration dates etc.
Server Stored Information forgery. Our system discovers and detects forgery made simultaneously to the document and to the data stored.
CCT with its patented innovative technology is making life a little bit simpler by building trust and authenticity in processes minimizing ways for counterfeit and simplifying its detection with 100% accuracy in real-time.