Amsterdam, Netherlands, February twenty ninth, 2024, Chainwire
Scantrust and LTO Community Partnering for Safe, Clear gadgets.
Scantrust’s modern Safe QR codes, a well known and confirmed software towards counterfeiting, can now be used at the side of LTO Community’s safe, clear blockchain expertise. This permits organizations that rely on crucial paperwork and high-value, luxurious items to have extra choices to determine and keep 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 might 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 some other high-value gadgets.
The LTO Community blockchain additionally helps a brand new technique 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 trade affected by a $500 billion counterfeiting drawback, these instruments characterize a major 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 purchasers a complete bundle for constructing belief in right this moment’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 non-public layer for knowledge safety, making certain GDPR and MiCA compliance. This dual-layer strategy makes it best for enterprises requiring knowledge privateness and regulatory adherence.
LTO Community additionally gives tokenization of RWAs by way 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 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 offers instruments for regulatory compliance associated to product knowledge necessities. Preserve and construct your model’s integrity, collect detailed shopper insights, and simplify your traceability regulatory compliance efforts. Study extra at www.scantrust.com
Contact
Shawn Naderi
LTO Community BV
shawn@ltonetwork.com
