DNA Brands Inc. (OTC PINK:DNAX) in collaboration with Santo Mining Corp dba Santo Blockchain Labs, (OTC PINK:SANP) are pleased to announce they have filed with the United States Patent and Trademark Office (USPTO) the trademark for DNATags™, an authentication technology focused on the $17 Billion anti-counterfeit packaging market; under the goods and or service registered at the USPTO for DNATags™ are in the following classes:
International Class -009
Downloadable computer software for managing and validating cryptocurrency transactions using blockchain-based smart contracts; Downloadable computer software for managing and verifying cryptocurrency transactions on a blockchain; Downloadable software for blockchain-based inventory management.
International Class -016
Marking ink containing biologics for use in authentication of objects
International Class -035
Compiling indexes of information using blockchain technology
International Class -036
Blockchain-based payment verification services
International Class -042
Providing user authentication services using Blockchain for e-commerce transactions; Providing user authentication services using blockchain-based software technology for cryptocurrency transactions; User authentication services using single sign-on technology for online software applications; User authentication services using technology for e-commerce transactions
International Class -044
Maintaining patient medical records and files using blockchain technology
DNATags™ will be focusing on various industries in which there is an immediate urgent need for authentication of products such as in the Pharmaceutical, Cannabis, and Health and Beauty Aid. In a recent press release from Verified Market Research recently published on September 22, 2020, they stated "Counterfeit pharmaceutical is one of the most profitable sectors of global trade in illegally copied goods. Fraudulent drugs harm and even kill millions of people across the globe. It causes serious damage to the brand names of big pharmaceutical manufacturers. In November 2017, the WHO determined that fake medicine estimates for 10% in total of USD 300 billion in the pharmaceuticals industry, particularly in low- and middle-income countries. The increasing public use of online pharmacies coupled with the new mass producer of counterfeit medicines has widened the market for falsified drugs." additionally they also stated "Anti-Counterfeit Packaging Market Worth $ 17.47 Billion, Globally, by 2027 at 17.25% CAGR: Verified Market Research"
Adrian McKenzie, CEO of DNA Brands, "We are rolling out a branding, marketing, and revenue-generating roadmap to launch DNATags™ and DNARewards™, during the weeks to come, I will be updating our investor community on our advancements. We are pushing the envelope to get DNATags™ into the hands of consumers". additionally, Frank Yglesias CEO of Santo Blockchain Labs stated "Technology is a great tool to help fix many of the global issues we face, but without a seasoned and strong sales and marketing team, many technological products never make it; I am personally thankful for the guys at DNA Brands that can and will make DNATags™ what I have envisioned it to be."
ABOUT DNATags™ and DNARewards™
DNATags™ and DNARewards™ are owned and operated by DNA Brands, Inc. and Santo Blockchain Labs. DNATags™ is a blockchain authentication solution for consumers to check the authenticity of the product at the same time earning rewards via DNARewards™. DNA Brands is a Holding company and since March 2020, the company has engaged in branding, digital marketing, and sales development in the solar sector and will now begin marketing DNATags™. SANTO is a software development company that focuses on the development of blockchain smart digital contracts and IoT internet of things for everyday life. The Company also operates a website at https://santopool.com (ADAPOOL Ticker: SANP) that provides cryptocurrency staking service to potential Cardano (ADA) holders. Though its 100% owned subsidiary; SAITEC Technology & Development Joint Stock Company in Ho Chi Minh City, VietNam, the company leverages its highly efficient software engineers, VietNam is currently known as the Silicon Valley of South Asia.
Knock off the knock offs: The Importance of Changing Security Features
(Nanotech Security Corp.)
Depth Perception: An Important Authentication Tool for Security Features
(Nanotech Security Corp.)
Anti-Counterfeit Packaging Market by Technology, End-Use Industry and Region - Global Forecast to 2025
Published: August 2020
The segments considered for this report are based on the technology, usage feature, end-use industry for anti-counterfeit packaging solutions, and region. The segmentation based on technology consists of RFID, holograms, tamper evidence, forensic markers, mass encoding, and other upcoming technologies such as security labels, embedded image, packaging & designs, and security inks & films... More Information >>