China’s Secoo takes next step with Ultrain in blockchain-led luxury goods authentication

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Rixue Li, founder/CEO of Secoo Group, with Juan Cao of the Chinese Academy of Sciences, at the Dec. 11 launch of the Global Luxury Consumption Alliance. Image credit: Secoo Rixue Li, founder/CEO of Secoo Group, with Juan Cao of the Chinese Academy of Sciences, at the Dec. 11 launch of the Global Luxury Consumption Alliance. Image credit: Secoo

Chinese online retailer Secoo Group has formed the Global Luxury Consumption Alliance with Ultrain to use blockchain and artificial intelligence for luxury goods authentication and transactions veracity.

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