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Peppermint invests in blockchain technology against product counterfeiting

A person uses a smartphone app labeled "authentic" to verify a product's authenticity with a green checkmark indicating success.

Managing Director Baumbach: "We are convinced of the high potential of the unique digital solution and are again acting as lead investor in the current financing round."

Making sure products are counterfeit-proof with a green tick on them and an app. This is guaranteed by a completely new digital application developed by the start-up authentic.network based on blockchain. The young company from Chemnitz in Saxony can now continue to grow after Peppermint Holding GmbH and Jentzsch Investment GmbH invested another 2.6 million euros.

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