E-commerce giant eBay has completed the acquisition of digital ID verification company Certilogo

ChainCatcher news, eBay has announced the completion of its acquisition of digital ID authentication company Certilogo, with the financial terms of the deal undisclosed. The Certilogo team will join eBay. Through this acquisition, eBay aims to reduce counterfeit products with anti-counterfeiting digital products.

It is reported that Certilogo is a company that provides AI-driven digital IDs and authentication for apparel and fashion goods. Certilogo uses digital technologies such as NFTs and blockchain to help brands digitize physical clothing products.