$FCTI FACT, Inc., or Forensic Asset Certification Technology (OTC Pink: FCTI), ("FACT, Inc.") is pleased to announce that they are focused on the multibillion-dollar fine art and collectible market by bringing forensic technology to combat fraud, forgeries and fakes through innovative security solutions.
FACT utilizes advanced forensic analysis tools and blockchain security to record asset data and provenance beyond what was previously possible. The fine art and collectibles market features over 50 million transactions generating over $80B in revenue annually, but widespread fraud and forgeries continue to plague the market and slow growth. Experts from the FBI, Interpol and the US Treasury estimate fraud and forgeries generate black market revenues of $6B from fine art, $2.5B from sports memorabilia and millions of dollars in numismatic coins. FACT is committed to ending this centuries old problem through their suite of services powered by their proprietary forensic methodology and technology.