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Amsterdam, Netherlands, February twenty ninth, 2024, Chainwire
Scantrust and LTO Community Partnering for Safe, Clear objects.
Scantrust’s modern Safe QR codes, a widely known and confirmed instrument in opposition to counterfeiting, can now be used at the side of LTO Community’s safe, clear blockchain know-how. This permits organizations that rely on important paperwork and high-value, luxurious items to have further choices to determine and keep a brand new degree 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, a further, 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 strategy to monitor 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 affected by a $500 billion counterfeiting downside, these instruments signify a big 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 cloth 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 shoppers a complete bundle for constructing belief in in the present day’s digital world.
About LTO Community
LTO Community is a privacy-aware Layer-1 blockchain for Actual World Property, Knowledge Safety and Id options.
The platform is designed for enterprise course of effectivity and safety. It combines a public layer for transparency and a personal layer for information safety, guaranteeing GDPR and MiCA compliance. This dual-layer strategy makes it supreme for enterprises requiring information privateness and regulatory adherence.
LTO Community additionally affords tokenization of RWAs via their Ownables know-how, enabling belongings to be introduced on-chain and permitting them to work together with the world of DeFi and Web3.
LTO Community’s KYC providers assist keep 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, tackle provide chain traceability and stock administration challenges, and supplies instruments for regulatory compliance associated to product information necessities. Keep and construct your model’s integrity, collect detailed shopper insights, and simplify your traceability regulatory compliance efforts. Be taught extra at www.scantrust.com
Contact
Shawn NaderiLTO Community BVshawn@ltonetwork.com
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