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Amsterdam, Netherlands, February twenty ninth, 2024, Chainwire
Scantrust and LTO Community Partnering for Safe, Clear objects.
Scantrust’s revolutionary Safe QR codes, a widely known and confirmed device in opposition to counterfeiting, can now be used along side 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 may 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 objects.
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 objects they promote. In an business suffering from 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 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 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 purchasers a complete package deal for constructing belief in at this time’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 personal layer for knowledge safety, guaranteeing GDPR and MiCA compliance. This dual-layer strategy makes it perfect for enterprises requiring knowledge privateness and regulatory adherence.
LTO Community additionally gives tokenization of RWAs by 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 companies assist preserve compliance with anti-money laundering legal guidelines in addition to providing proof of humanity companies 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. Keep 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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