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Blockchain Technology

LTO Network Makes Their Layer-One Blockchain Available for the Fight Against Counterfeit Goods

February 29, 2024 – Amsterdam, Netherlands


Scantrust and LTO Community companion for safe, clear objects.

Scantrust’s progressive ‘Safe QR codes,’ well-known and confirmed device towards counterfeiting, can now be used along side LTO Community’s safe, clear blockchain know-how.

This permits organizations that rely on vital paperwork and high-value, luxurious items to have further choices to ascertain 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, a further, immutable digital audit path for info could 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 objects.

The LTO Community blockchain additionally helps a brand new approach to observe provide chain info.

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 affected by a $500 billion counterfeiting drawback, these instruments symbolize a big step ahead in defending companies and safeguarding customers.

The choice to combine LTO Community’s know-how 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 develop 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 immediately’s digital world.

About LTO Community

LTO Community is a privacy-aware layer-one blockchain for RWAs (real-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 non-public layer for knowledge safety, guaranteeing GDPR and MiCA compliance.

This dual-layer method makes it excellent for enterprises requiring knowledge privateness and regulatory adherence.

LTO Community additionally presents tokenization of RWAs by means of their ‘Ownables’ know-how, enabling belongings to be introduced on-chain and permitting them to work together with the world of DeFi and Internet 3.0.

LTO Community’s KYC (Know-Your-Buyer) providers assist keep compliance with anti-money laundering legal guidelines in addition to providing Proof of Humanity providers to guard Internet 3.0 and DeFi platforms from bots.

Study extra on the web site.

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 on the web site.

Contact

Shawn Naderi, LTO Community

This content material is sponsored and needs to be considered promotional materials. Opinions and statements expressed herein are these of the writer and don’t mirror the opinions of The Day by day Hodl. The Day by day Hodl will not be a subsidiary of or owned by any ICOs, blockchain startups or corporations that publicize on our platform. Buyers ought to do their due diligence earlier than making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be suggested that your investments are at your individual threat, and any losses it’s possible you’ll incur are your accountability.

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