The Documented Revolution
The Aura Blockchain Consortium—uniting LVMH, Prada, and Richemont—has registered over 50 million products, fundamentally changing how authenticity is verified in luxury markets. This isn't theoretical; it's operational reality transforming how brands combat counterfeiting.
The current estimations show that the counterfeit market is on track to reach $81 billion by 2026, making blockchain authentication not just innovative but essential for luxury brand survival.
The Implementation Timeline
By the end of April 2025, all products from Prada and its sister brand Miu Miu will be embedded with NFC or RFID tags linking them to Aura's platform, according to Lorenzo Bertelli, group marketing director. This represents complete transformation of luxury authentication infrastructure.
Cartier has piloted using Aura's system in its aftercare program, allowing customers to opt in for the brand to permanently log information about maintenance for their jewellery and watches on the blockchain's decentralised database.
The Marketing Agency Ecosystem
While luxury brands like LVMH work with major agencies including Dentsu (previously) and now Publicis Media for their North American media account, much of their blockchain and digital transformation work is managed internally or through specialized technology partners rather than traditional advertising agencies.
The Business Impact
The platform says it created digital identities for tens of millions of products on the blockchain in the last year. This scale demonstrates that blockchain authentication has moved beyond pilot programs to full operational deployment across the luxury industry.
The technology creates transparent audit trails providing full traceability from raw material to consumer, enabling buyers to verify authenticity by cross-checking items' unique digital fingerprints on public blockchains.