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Seagate To Pilot Blockchain-powered Hard Disk Provenance

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Hard drive maker Seagate is planning to start a pilot a blockchain-powered project to fight and help reduce global hard drive counterfeiting, according to a report by Forbes.

Seagate had teamed up with IBM in November last year to launch the blockchain supply chain project to attack counterfeiting.

It used the IBM Blockchain platform to complete a proof-of-concept (PoC) with IBM on product provenance earlier this year and now entered the pilot stage of the project.

The blockchain project will follow hard drives throughout the supply chain to add clarity and trust to the marketplace while tracking the product's journey to the customer.

According to the International Anti-Counterfeiting Coalition, global trade in counterfeit and pirated electronic products has reached more than $1.7 trillion in value.

IBM is both the technology provider for the project as well as the customer for these drives. The pilot will reportedly not only track the products to the customer IBM, but also tracks it back to Seagate in the case of a product return.

The project combines IBM Blockchain Platform with Seagate's advanced "electronic fingerprinting" and product tracking capability. A unique identifier or electronic fingerprint assigned to each product is used to verify the authenticity of a hard drive at any time during its product life cycle.

Technology vendors, service providers, and end users will be able to confirm the product's authenticity throughout a product's life on the blockchain, which provides an immutable record of events.

The IBM Blockchain platform, powered by The Linux Foundation's Hyperledger Fabric distributed ledger framework, is designed to allow network participants to append and view blockchain data based on their level of permissioning.

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