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 Luxury Daily's Live news from Dec. 11:
China’s Secoo takes next step with Ultrain in blockchain-led luxury goods authentication
Secoo and Ultrain have formed the Global Luxury Consumption Alliance to tackle circulation of fake luxury goods in the Chinese market, while leaving a digital trail of authenticity for the real stuff.