Daily Crypto Vision: ConsenSys and LVMH developing Blockchain Platform to Verify Luxury Goods

Blockchain technology is moving forward into the luxury sector. ConsenSys has teamed up with LVMH and Microsoft to build a blockchain-powered platform that allows consumers to verify the authenticity of luxury goods. The system, named Aura, “makes it possible for consumers to access the product history and proof of authenticity of luxury goods — from raw materials to the point of sale, all the way to second-hand markets.”