TagITX, a cutting-edge solution leveraging blockchain technology, revolutionizes real-time product verification across diverse industries, strengthening consumer protection, supply chain transparency, and adherence to regulations.
NEW DELHI, July 17, 2025 /PRNewswire/ — Addressing the growing challenge of counterfeit goods in India, Domino India, a leading provider of industrial coding and marking solutions, has announced a collaboration with BlockSynergy Technology Limited, the entity behind Jumbo Blockchain, to introduce TagITX. This blockchain-based traceability system is specifically designed to meet the needs of Indian manufacturers.
Sachin Kumar, Founder, BlockSynergy Technology Limited (PRNewsfoto/BlockSynergy Technology)
Through seamless integration with Domino’s industrial printing and verification systems, TagITX facilitates the real-time application of secure, tamper-proof, and uniquely identifiable QR codes directly onto products and their packaging. Leveraging the highly scalable Proof of Nexus (PoN) architecture of Jumbo Blockchain, these QR codes establish a robust, end-to-end tracking system extending from the production facility to the ultimate consumer.
“TagITX distinguishes itself through its real-time serialization capabilities, effortless hardware integration, and cost-effectiveness,” stated Sachin Kumar, Founder of BlockSynergy Technology Limited. “This ‘Made-in-Bharat’ solution empowers businesses ranging from MSMEs to large multinational corporations to adhere to international traceability requirements and cultivate stronger consumer confidence.”
The Significance of This Partnership for Indian Industry
Counterfeiting: A Major Concern for the Nation
India experiences annual losses exceeding INR 2.62 lakh crore (approximately $22 billion) due to counterfeit products across critical industries, including mobile devices, fast-moving consumer goods (FMCG), personal and household care items, pre-packaged foods, tobacco products, and alcoholic beverages. This data is drawn from the FICCI CASCADE 2022 report, based on financial year 2019-20 statistics. TagITX is strategically positioned to mitigate challenges in various sectors, as outlined below:
- Pharmaceuticals: Estimates suggest that up to 20% of pharmaceuticals are counterfeit or of substandard quality (according to WHO data).
- Agrochemicals: The use of counterfeit pesticides and fertilizers compromises crop yields, harms soil integrity, and poses risks to farmer well-being.
- Medical Devices: The presence of counterfeit implants, syringes, and diagnostic equipment endangers patient lives.
- Food & Beverages: Adulteration of cooking oils, milk, and pre-packaged food items presents substantial health hazards.
- Automotive Parts: The use of non-genuine components, such as brake linings and airbags, leads to accidents and potential fatalities on the road.
How TagITX, Integrating Blockchain with Domino Printers, Addresses These Issues:
A Secure Infrastructure for End-to-End Tracking
- Every product is assigned a unique, unclonable QR code during the manufacturing stage.
- These codes are securely recorded on the Jumbo Blockchain, enabling verification of origin, detection of tampering, and real-time traceability.
- Consumers, regulators, and other stakeholders can instantly scan and confirm product authenticity.
Effortless Integration with Domino India’s Printing, Imaging, and Hardware Systems
- Domino’s industrial printers now offer native TagITX support, facilitating real-time serialization on high-throughput production lines.
- With applications across pharmaceuticals, agrochemicals, electronics, food processing, and packaging, digital trust is now embedded at the point of origin.
Scalability Across Diverse Industries
TagITX is engineered to serve a wide array of industrial sectors:
- Pharmaceuticals & Life Sciences – Facilitating compliance with international traceability standards (DSCSA, FMD, GS1).
- Agrochemicals & Fertilizers – Guaranteeing the provision of genuine products to Indian farmers.
- Electronics & Mobile Devices – Ensuring traceability throughout the lifecycle, from device to battery and through e-waste management.
- Medical Devices & Diagnostics – Allowing for the verification of product authenticity in hospitals and clinics.
- Food & Beverages – Tracking origin, expiration dates, and maintenance of the cold chain.
- Auto Parts & Machinery – Identifying and eliminating counterfeit components.
A Green, Affordable, and ‘Built in Bharat’ Solution for the World
- Jumbo Blockchain’s Proof of Nexus framework reduces energy demands while maintaining high operational efficiency.
- Transaction costs are kept below one cent, block times are one second, and industry-neutral APIs ensure that TagITX remains affordable and adaptable.
- The system is designed to operate effectively across all supply chain tiers, in both urban and rural environments.
Strategic Impact on the Indian Economy and Regulatory Landscape
Economic Impact:
- Averted annual revenue losses exceeding INR 1000 crore in the pharmaceutical, agricultural, and electronics sectors.
- Enabled Indian MSMEs to participate in global exports while meeting international traceability mandates.
Policy & Regulatory Alignment:
- TagITX is fully compliant with the Indian government’s ‘Make in India’ initiative, Digital Product Passport concept, and traceability regulations.
- The platform adheres to GS1, GSMP, EU FMD, and US DSCSA standards.
Ecosystem Integration:
- TagITX is being developed as a national traceability backbone with APIs designed for integration with ERP, e-commerce, and customs platforms.
- Domino’s established presence across its existing 25,000+ customer base facilitates broad nationwide adoption.
About Domino India
Domino India is a respected entity in the realm of industrial coding and marking, delivering complete solutions that promote traceability, compliance, and improved operational performance. Operating in over 10,000 factories across India, Domino India provides support to a wide spectrum of industries through advanced printing technologies and a commitment to customer satisfaction. Learn more at www.domino-printing.com.
About BlockSynergy Technology
BlockSynergy Technology Limited is a deep tech pioneer specializing in the convergence of blockchain, AI, and IoT technologies, with the goal of creating foundational infrastructure for the next wave of digital evolution. The company emphasizes the development of decentralized systems that address fundamental issues of trust, data security, and automation, rather than just superficial innovation. From its proprietary blockchain protocols to smart track-and-trace solutions, BlockSynergy crafts scalable, secure, and interoperable systems to meet the demands of complex real-world ecosystems. More information is available at www.block-synergy.com/
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