The current situation due to the spread of the Corona virus is being exploited by some weak-minded people in trading counterfeit equipment for the purpose of profit from it.

According to US Customs and Border Protection (CBP), the global pandemic has sparked an increase in the number of counterfeit protective equipment as fraudsters are taking advantage of the coronavirus for profit through these counterfeit masks.

Crypto and supply chain management platform VeChain aims to curb the spread of counterfeit face masks by cooperating with Chinese and American companies.

Hospitals across the United States depend on large shipments from China due to a shortage of masks and other protective equipment that are not made locally.

Read:Announcement of an integrated guide to learn “the basics of blockchain and digital currencies”

VeChain is working alongside production facilities to ensure that new KN95 masks imported from China are authentic, reports The Street . website.

Each box shipped from China comes with a non-replaceable (NFT) token VeChain chip, as well as a two-factor authentication QR code to verify the legitimacy of the product.

The San Francisco-based startup Real Items validates a two-factor authentication QR code to record product details on the VeChain blockchain, so that unique data such as product ownership and place of production are tracked to ensure the masks are legitimate.

Retailers and healthcare facilities can scan a QR code on product packaging using a mobile camera or WeChat app to confirm the authenticity of KN95 masks manufactured by Tricol Group, one of the largest manufacturers of microfibers in Asia.

The survey also reveals relevant information about KN95 masks including the time and place of production, as well as logistical points along the supply chain.

However, regardless of technical developments, The Wall Street Journal That new trade restrictions imposed by China have delayed shipments to the United States containing millions of masks and other critical medical equipment.

Read:Cardano increases focus on interoperability and complicates new investment in the same vein

As hospitals and governments struggle to purchase equipment needed to protect health care workers, US companies are reported to be working with the Chinese government to solve problems uncovered by suppliers and intermediaries across the supply chain.

Read also:

A partnership between VeChain and JUR enables the purchase of luxury properties with VET cryptocurrency

VeChain Corporation seeks to destroy 727 million recently stolen VET