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 instrument towards counterfeiting, can now be used at the side of LTO Community’s safe, clear blockchain expertise. This enables organizations that rely on important paperwork and high-value, luxurious items to have extra choices to determine and preserve 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, an extra, immutable digital audit path for info will be added, making a safe knowledge 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 observe 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 business suffering from a $500 billion counterfeiting drawback, these instruments symbolize a big step ahead in defending companies and safeguarding shoppers.
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 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 package deal for constructing belief in at present’s digital world.
About LTO Community
LTO Community is a privacy-aware Layer-1 blockchain for Actual World Property, 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 personal layer for knowledge safety, making certain GDPR and MiCA compliance. This dual-layer method makes it splendid for enterprises requiring knowledge privateness and regulatory adherence.
LTO Community additionally affords tokenization of RWAs by means of 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 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 knowledge 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
