Amsterdam, Netherlands, February twenty ninth, 2024, Chainwire
Scantrust and LTO Community Partnering for Safe, Clear objects.
Scantrust’s revolutionary Safe QR codes, a well known and confirmed device in opposition to counterfeiting, can now be used along side LTO Community’s safe, clear blockchain expertise. This enables organizations that depend upon important paperwork and high-value, luxurious items to have extra choices to ascertain 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 data 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 every other high-value objects.
The LTO Community blockchain additionally helps a brand new approach to observe provide chain data. By integrating blockchain for enhanced transparency and immutability, counterfeiters are blocked from simply faking the origin of the counterfeit objects they promote. In an trade stricken by a $500 billion counterfeiting downside, these instruments characterize a big step ahead in defending companies and safeguarding customers.
The choice to combine LTO Community’s expertise with Scantrust Safe QR codes is a part of a imaginative and prescient for a future the place belief is constructed into the very cloth of our transactions and trades. For Scantrust, it’s a possibility to develop their attain and additional their mission of doc safety. For LTO Community, it’s about including a strong doc safety layer to their suite of privacy-focused options, providing their shoppers a complete package deal for constructing belief in at the moment’s digital world.
About LTO Community
LTO Community is a privacy-aware Layer-1 blockchain for Actual World Belongings, Knowledge Safety and Identification 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, guaranteeing GDPR and MiCA compliance. This dual-layer strategy makes it ultimate for enterprises requiring information privateness and regulatory adherence.
LTO Community additionally gives tokenization of RWAs by means of their Ownables expertise, enabling belongings to be introduced on-chain and permitting them to work together with the world of DeFi and Web3.
LTO Community’s KYC companies assist preserve compliance with anti-money laundering legal guidelines in addition to providing proof of humanity companies to guard Web3 and DeFi platforms from bots.
ltonetwork.com
About Scantrust
Scantrust helps handle and resolve counterfeit product issues, tackle 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. Be taught extra at www.scantrust.com
Contact
Shawn NaderiLTO Community BVshawn@ltonetwork.com
