Seagate and IBM are working together to reduce product counterfeiting using blockchain and security technologies. The project, which is designed to help manufacturers, integrators, and business partners fight counterfeit hard drives, uses the IBM Blockchain Platform to authenticate the provenance of disk drive products, bringing a new level of multi-layered security protection to the data management industry. According to industry estimates, more than $1.7 trillion in counterfeit and pirated electronic products is sold each year across the globe.

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