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China’s Secoo takes next step with Ultrain in blockchain-led luxury goods authentication

Posted By Staff reports On In Apparel and accessories,Featured,Industry sectors,Legal and privacy,Software and technology | No Comments
Rixue Li, founder/CEO of Secoo Group, with Juan Cao of the Chinese Academy of Sciences, at the Dec. 11 launch of the Global Luxury Consumption Alliance. Image credit: Secoo Rixue Li, founder/CEO of Secoo Group, with Juan Cao of the Chinese Academy of Sciences, at the Dec. 11 launch of the Global Luxury Consumption Alliance. Image credit: Secoo

 

By Staff reports

Chinese online retailer Secoo Group has formed the Global Luxury Consumption Alliance with Ultrain to use blockchain and artificial intelligence for luxury goods authentication and transactions veracity.