Apparel November 2019 Apparel November 2019 issue | Page 94

INDUSTRY INSIGHTS CONSIDERING THE SHEER VOLUME OF DATA AND COMMERCIAL INCENTIVES, THE SOLUTION TO THIS PROBLEM IS LIKELY TO TAKE ON A TECHNOLOGICAL NATURE. unsatisfying, as a result of which these trade associations are reaching out to the government for stricter regulations. SOLUTIONS BEYOND REGULATION However, the problem may not be as easily solved. The power of regulators to enforce anti- piracy measures on a digital platform is difficult to implement, given the paucity of resources in the face of the large volumes of potentially fake goods. Considering the sheer volume of 92 I APPAREL I November 2019 data and commercial incentives, the solution to this problem is likely to take on a technological nature. This is where the focus, once again, falls on e-commerce platforms such as Alibaba and Amazon. In keeping with this goal, Amazon recently launched its Project Zero initiative, which seeks to focus on this very issue. Today, digital retailers are using advanced technologies such as machine-learning and artificial intelligence to help in the fight against piracy. These tools, while a good start, are only a part of the overall solution. Most industry experts believe that the problem also needs the participation of retailers, who can help to be more vigilant in identifying fake goods and informing customers accordingly. Of course, it may be easier said than done, since many retailers don’t bear any risks or losses in transacting in pirated goods. This is why a more fundamental solution may be required. With regard to the technological tools being followed by Amazon, there are third-party companies that are making piracy-prevention a profit-making business. For example, Project Provenance is a for-profit digital services tool that is aiming to make product-value chains more transparent for businesses and consumers. The company is among the many that are leveraging blockchain technology to ensure that product identity remains unique and easily traceable to its origins. The company provides apparel, footwear, and other product businesses with a data platform that helps them to track products from the raw material-sourcing stage onwards. The idea is simple—if manufacturers can trace and authenticate every part of their value chain, they can offer end-consumers an easy means of ensuring that the products they buy