DSS Releases Blockchain Tracking and Authentication Technology “Sentinel” to Combat Unauthorized Sellers, MAP Violators and Retail Arbitrage within Amazon Marketplace
DSS, Inc. (DSS)
NASDAQ:AMEX Investor Relations:
dsssecure.com
Company Research
Source: GlobeNewswire
ROCHESTER, N.Y., July 18, 2019 (GLOBE NEWSWIRE) -- Document Security Systems, Inc. (NYSE American: DSS), ("DSS"), a leader in anti-counterfeit, authentication, product diversion and brand protection technologies, announced today the availability of their blockchain-based tracking and authentication solution “Sentinel”, uniquely developed to assist small-to-medium size online store owners protect their revenue and reputation from the growing number of grey goods sold within e-commerce marketplaces such as Amazon.com, Alibaba and Walmart. The Sentinel application will be supported by the Company’s blockchain-as-a-service technology AuthentiChain™, which was developed by DSS and the Logistics and Supply Chain MultiTech R&D Centre in Hong Kong. Most manufacturer distribution agreements require the distributor to resell the products strictly to end users. “Grey market goods” are goods sold outside the authorized distribution channels by entities which may have no relationship with the
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