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Business

Domino India and Jumbo Blockchain Launch Made-in-India Traceability Solution to Tackle 2.62 Lakh Crore Counterfeit Crisis

PRNW Agency
Last updated: 19/07/2025 7:19 PM
PRNW Agency
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Domino India and Jumbo Blockchain Launch Made-in-India Traceability Solution to Tackle 2.62 Lakh Crore Counterfeit Crisis
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Domino India and Jumbo Blockchain Launch Made-in-India Traceability Solution to Tackle 2.62 Lakh Crore Counterfeit Crisis

New blockchain-powered solution, TagITX, enables real-time product authentication across sectors, bolstering consumer safety, supply chain integrity and regulatory compliance

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NEW DELHI, July 17, 2025 /PRNewswire/ — In a landmark move to address India’s escalating counterfeit crisis, Domino India, a leader in industrial coding and marking, has partnered with BlockSynergy Technology Limited, the parent company of Jumbo Blockchain, to launch TagITX, a blockchain-powered traceability solution built specifically for Indian manufacturers.

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Allowing integration seamlessly with Domino’s industrial printing and verification through TagITX enables real-time printing of secure, tamper-evident, and uniquely traceable QR codes directly on products and packaging. Powered by Jumbo Blockchain’s ultra-scalable Proof of Nexus (PoN) architecture, these QR codes establish a secure, end-to-end trial from the production line to the end consumer.

“TagITX stands apart with its real-time serialization, seamless hardware integration and affordability,” said Sachin Kumar, Founder, BlockSynergy Technology Limited. “This ‘Made-in-Bharat’ solution empowers MSMEs to multinationals meet international traceability mandates, and build consumer trust.”

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Why This Partnership is a Turning Point for the Indian Industry

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Counterfeiting: A National Crisis

India loses over INR 2.62 lakh crore (approximately $22 billion) annually to counterfeiting across key sectors and goods, including mobile phones, FMCG, household and personal care products, packaged foods, tobacco, and alcoholic beverages, as reported by FICCI CASCADE 2022 study based on FY 2019–20 data. TagITX is positioned to tackle challenges across:

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  • Pharmaceuticals: Up to 20% of medicines are fake or substandard (WHO estimate).
  • Agrochemicals: Fake pesticides and fertilizers harm yields, soil health, and farmer safety.
  • Medical Devices: Counterfeit implants, syringes, and diagnostic kits endanger lives.
  • Food & Beverages: Adulteration in oil, milk, and packaged foods poses serious health risks.
  • Automotive Parts: Non-genuine components like brake pads and airbags lead to road accidents and fatalities.

TagITX Blockchain-powered Printer integrated with Domino Printers addresses the above issues by:

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Secure End-to-End Track-and-Trace Infrastructure

  • Each product received a unique, non-cloneable QR code onto each unit at the time of manufacturing.
  • These codes are cryptographically registered on Jumbo Blockchain, enabling origin verification, tamper detection, and real-time traceability.
  • Anyone from consumers to regulators can scan and verify product authenticity instantly.

Seamless Integration with Domino India’s Printers, Cameras and Hardware

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  • Domino’s industrial printers now natively support TagITX out-of-the-box, enabling real-time serialization on high-speed production lines.
  • Applicable across pharmaceuticals, agrochemicals, electronics, food and packaging – digital trust is now printed at source.

Scalable Across Industries

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TagITX is designed to serve a broad industrial spectrum:

  • Pharmaceuticals & Life Sciences – Compliance with global traceability norms (DSCSA, FMD, GS1)
  • Agrochemicals & Fertilizers – Ensure genuine supply to Indian farmers
  • Electronics & Mobiles – Ensure device-to-battery and e-waste lifecycle traceability
  • Medical Devices & Diagnostics – Product Authenticity verification at hospitals and clinics
  • Food & Beverages –Track origin, expiry, and chain conditions
  • Auto Parts & Machinery – Identify and eliminate counterfeits parts

Offering Green, Affordable and ‘Built in Bharat’ to the world

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  • Jumbo Blockchain’s Proof of Nexus architecture reduces energy consumption while delivering high throughput.
  • Sub-cent transaction costs, 1-second block times, and industry-agnostic APIs make TagITX cost-effective and future proof.
  • Designed to function seamlessly across Tier 1 to Tier 3 supply chains, urban and rural alike.

Strategic Impact on India’s Economy and Compliance Landscape

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Economic Impact:

  • Prevent INR 1000 crore+ in annual revenue losses across pharma, agri-sector, and electronics.
  • Enable Indian MSMEs to export with global traceability compliance.

Policy & Regulatory Alignment:

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  • TagITX is fully aligned with the Indian government’s ‘Make in India‘, Digital Product Passport, and traceability mandates.
  • Supports GS1, GSMP, EU FMD, and US DSCSA standards.

Ecosystem Ready:

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  • TagITX is being positioned as a national traceability backbone with APIs for ERP, e-commerce and customs platforms.
  • Domino’s presence over its 25,000+ customer base accelerates nationwide adoption.

About Domino India

Domino India is a trusted name in industrial coding and marking, offering end-to-end solutions that ensure traceability, compliance, and operational efficiency. With a strong presence across over 10,000 factories in India, Domino India supports a wide range of industries with innovative printing technologies and customer-centric services. For more information, visit www.domino-printing.com. 

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About BlockSynergy Technology

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BlockSynergy Technology Limited is a Deep Tech pioneer at the intersection of blockchain, AI, and IoT, building foundational infrastructure for the next wave of digital transformation. Their focus lies in engineering decentralized systems that go beyond surface-level innovation—solving root challenges in trust, data integrity, and automation. From patented blockchain protocols to intelligent track-and-trace platforms, they design scalable, secure, and interoperable solutions for complex real-world ecosystems. For more information, visit www.block-synergy.com/ 

Media Contact:
media@block-synergy.com
+91-9540657666

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Photo: https://mma.prnewswire.com/media/2733325/Sachin_Kumar_BlockSynergy_Technology.jpg
Logo: https://mma.prnewswire.com/media/2733324/BlockSynergy_Technology_Logo.jpg

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View original content to download multimedia:https://www.prnewswire.com/in/news-releases/domino-india-and-jumbo-blockchain-launch-made-in-india-traceability-solution-to-tackle-2-62-lakh-crore-counterfeit-crisis-302507954.html

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TAGGED: and2.62acrossaddressauthenticationblockchainblockchainpoweredbolsteringchaincomplianceconsumercounterfeitcrisiscroredelhidominoenablesescalatingindia:india’sindustrialintegrityjulyjumbolakhlandmarklaunchleadermade-in-indiamovenewsproductrealtimeregulatorysafetysectorssolutionsupplytackletagitxtraceability
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