LTO Community makes their Layer-1 blockchain accessible for the struggle towards counterfeit items

LTO Community makes their Layer-1 blockchain accessible for the struggle towards counterfeit items
LTO Community makes their Layer-1 blockchain accessible for the struggle towards counterfeit items


Amsterdam, Netherlands, February twenty ninth, 2024, Chainwire

Scantrust and LTO Community Partnering for Safe, Clear gadgets.

Scantrust’s revolutionary Safe QR codes, a well known and confirmed instrument towards counterfeiting, can now be used along with LTO Network’s safe, clear blockchain expertise. This enables organizations that rely on vital paperwork and high-value, luxurious items to have further 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 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 some other high-value gadgets.

The LTO Community blockchain additionally helps a brand new approach to monitor 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 stricken by a $500 billion counterfeiting downside, these instruments symbolize 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 material of our transactions and trades. For Scantrust, it’s a chance 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 package deal 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 Belongings, 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, making certain GDPR and MiCA compliance. This dual-layer method makes it splendid for enterprises requiring knowledge privateness and regulatory adherence.

LTO Community additionally presents 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. 

ltonetwork.com

About Scantrust

Scantrust helps handle and resolve counterfeit product issues, handle 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. Study extra at www.scantrust.com

Contact

Shawn Naderi
LTO Community BV
[email protected]

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