Provenance Tags Development

Trade of counterfeit and pirated goods increases every year, and the consequences of a flood of falsified products on the market are wide-ranging and expensive: counterfeit sale directly causes high-end manufacturers to lose trillions in revenue, and consumers to lose trust and loyalty in the brand. Blockchain-based innovations make it possible to create new and improved manufacturing and supply chain solutions effective in fighting counterfeiting by enabling non-repudiation of data, the immutability of changes tracked, and by providing verifiable proof of origin.

Provenance Tags provide solutions to combat counterfeit trading and help both manufacturing companies and retail customers to verify the authenticity and provenance of products before they buy the products.

Provenance Tags empower manufacturing companies to use our solutions simply by integrating their enterprise applications (ERP, MES, PLM) and manufacturing and supply chain processes and a smartphone app to verify the authenticity and provenance of products