Amsterdam, Netherlands, February twenty ninth, 2024, Chainwire
Scantrust and LTO Community Partnering for Safe, Clear gadgets.
Scantrust’s modern Safe QR codes, a widely known and confirmed device towards counterfeiting, can now be used at the side of LTO Community’s safe, clear blockchain know-how. This permits organizations that depend upon essential paperwork and high-value, luxurious items to have extra choices to determine and preserve a brand new stage of belief and accountability.
Any merchandise with Scantrust Safe QR codes can have their authenticity verified in a matter of seconds utilizing a cell phone. With the LTO Community, an extra, immutable digital audit path for info could be added, making a safe information anchor for presidency certificates, product and security certifications, diamond certificates, guarantee playing cards for luxurious items (e.g. watches) and another high-value gadgets.
The LTO Community blockchain additionally helps a brand new method to monitor provide chain info. By integrating blockchain for enhanced transparency and immutability, counterfeiters are blocked from simply faking the origin of the counterfeit gadgets they promote. In an trade suffering from a $500 billion counterfeiting drawback, these instruments characterize a major step ahead in defending companies and safeguarding customers.
The choice to combine LTO Community’s know-how with Scantrust Safe QR codes is a part of a imaginative and prescient for a future the place belief is constructed into the very material of our transactions and trades. For Scantrust, it’s a possibility to increase their attain and additional their mission of doc safety. For LTO Community, it’s about including a robust doc safety layer to their suite of privacy-focused options, providing their purchasers a complete package deal for constructing belief in immediately’s digital world.
About LTO Community
LTO Community is a privacy-aware Layer-1 blockchain for Actual World Property, Information Safety and Id options.
The platform is designed for enterprise course of effectivity and safety. It combines a public layer for transparency and a non-public layer for information safety, making certain GDPR and MiCA compliance. This dual-layer strategy makes it best for enterprises requiring information privateness and regulatory adherence.
LTO Community additionally affords tokenization of RWAs by way of their Ownables know-how, enabling property to be introduced on-chain and permitting them to work together with the world of DeFi and Web3.
LTO Community’s KYC providers assist preserve compliance with anti-money laundering legal guidelines in addition to providing proof of humanity providers to guard Web3 and DeFi platforms from bots.
ltonetwork.com
About Scantrust
Scantrust helps handle and resolve counterfeit product issues, deal with provide chain traceability and stock administration challenges, and offers instruments for regulatory compliance associated to product information necessities. Preserve and construct your model’s integrity, collect detailed client insights, and simplify your traceability regulatory compliance efforts. Study extra at www.scantrust.com
Contact
Shawn NaderiLTO Community BVshawn@ltonetwork.com
