IF YOU have bought Ferragamo shoes recently, fancy footwear was not all that came in the box. Inserted in the left shoe's sole is a passive radio-frequency identification (RFID) tag. A transmitter-receiver known as an interrogator can send a signal to the tag and read its response. Only genuine Ferragamo shoes send back the correct one.
FROM THE BLOG
THE grand golden doors of 500 Pearl Street, in Manhattan, have welcomed such glamorous names as Hermes, Tiffany & Co and Kering, a French conglomerate whose treasures include Gucci and Bottega Veneta. The building is not a posh hotel or department store. It is the federal court for the Southern District of New York
The world's drug supply is global. Governments have failed to keep up. PATIENTS expect drugs to be safe. But even in supposedly well-run health systems, they can be useless-or deadly. Tainted steroids from a compounding pharmacy (one which mixes its own drugs) near Boston had killed 11 people with fungal meningitis and sickened more than 100.
Leading edible oil firm Cargill Foods India today introduced anti-counterfeit technology in its cooking oil brand Gemini at a cost of about Rs 2 crore to fight against fake products, besides protecting brand image and revenues. Cargill Foods India, part of the US food major Cargill, will launch this technology.