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Amsterdam, Netherlands, February twenty ninth, 2024, Chainwire
Scantrust and LTO Community Partnering for Safe, Clear objects.
Scantrust’s progressive Safe QR codes, a well known and confirmed device towards counterfeiting, can now be used together with LTO Community’s safe, clear blockchain expertise. This permits organizations that rely upon essential paperwork and high-value, luxurious items to have further choices to ascertain 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 info will 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 objects.
The LTO Community blockchain additionally helps a brand new strategy to monitor provide chain info. By integrating blockchain for enhanced transparency and immutability, counterfeiters are blocked from simply faking the origin of the counterfeit objects they promote. In an business suffering from a $500 billion counterfeiting downside, these instruments signify a major 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 material of our transactions and trades. For Scantrust, it’s a possibility to broaden 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 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 method makes it ideally suited for enterprises requiring information privateness and regulatory adherence.
LTO Community additionally presents tokenization of RWAs by their Ownables expertise, 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 keep compliance with anti-money laundering legal guidelines in addition to providing proof of humanity providers to guard Web3 and DeFi platforms from bots.
About Scantrust
Scantrust helps handle and resolve counterfeit product issues, deal with provide chain traceability and stock administration challenges, and supplies 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 Naderi
LTO Community BV
shawn@ltonetwork.com
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