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 along with LTO Community’s safe, clear blockchain expertise. This permits organizations that rely upon crucial paperwork and high-value, luxurious items to have extra choices to ascertain 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, a further, immutable digital audit path for data 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 every other high-value gadgets.
The LTO Community blockchain additionally helps a brand new option to monitor provide chain data. 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 affected by a $500 billion counterfeiting drawback, these instruments characterize 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 strong doc safety layer to their suite of privacy-focused options, providing their purchasers a complete bundle for constructing belief in as we speak’s digital world.
About LTO Community
LTO Community is a privacy-aware Layer-1 blockchain for Actual World Property, Information 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, guaranteeing GDPR and MiCA compliance. This dual-layer strategy makes it ideally suited for enterprises requiring knowledge 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 preserve 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, handle provide chain traceability and stock administration challenges, and supplies 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. Study extra at www.scantrust.com
Contact
Shawn Naderi
LTO Community BV
shawn@ltonetwork.com
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