Fragrance Economics
Blockchain Oudh Exchange: Dubai’s NFC-Enabled Authentication Revolution
Hedera Hashgraph-powered oudh chips with embedded NFC achieve 99.99% forgery prevention in $3.2B luxury ingredient market.

Abstract: Hedera Hashgraph-powered oudh chips with embedded NFC achieve 99.99% forgery prevention in $3.2B luxury ingredient market.
Content:
1. Digital Authentication System
1.1 Chip Architecture:
- NFC Specifications:
1.2 Distributed Ledger Design:
- Hedera Consensus Service:
- Transaction speed: 10,000 TPS
- Finality time: 3-5 seconds
2. Market Impact
2.1 Price Stabilization:
- Volatility Reduction:
2.2 Trading Volume Analysis:
- First Quarter Performance:
3. Fraud Detection Mechanisms
3.1 AI Verification Stack:
- Multi-Layer Validation:
- Mass spectrometry fingerprint matching
- Hyperspectral imaging (900-1700nm)
- Blockchain transaction history audit
3.2 Case Study:
- Intercepted Forgery (May 2025):
- Fake chips detected: 1,200 units
- Prevented loss: $48M