The new era of Trust, Transparency and Traceability for Supply Chain and e-Commerce
We are developing the solution eliminating the possibility for counterfeited goods by unique serialization and tracking of all ownership transfer using Blockchain. We are proactively preventing deals/payments in case of Seller can’t prove ownership of the certain unique item to sell
Current Status
Developed MVP powered by Blockchain, actively working with partners and potential customers
Market
Top priority - Luxury, Pharmaceutical
1) Pharma facing mandatory regulatory challenges of digitalization, serialization and traction of provenance like in US DSCSA but also due to interest from Insurance Companies to switch from pay-for-service to pay-for-result models
2) Luxury industry facing challenges with counterfeit elimination, enabling trust in online environment and new ways of dealing with digitized young generation
Problem or Opportunity
1.Data asymmetry between physical and digital worlds;
2.Lack of integrated data about physical items;
3.Items identification based on packaging and marking;
4.Customer doesn’t have tools to track Item’s provenance;
5.Customer is responsible for packaging and marking inspections;
Solution (product or service)
1.Unique serialization and digitalization using Blockchain as a “vehicle” for Data, Value and Ownership transfer
2.Using Token as a “subject” of digital ownership transfer for Physical Item
3.Owner immutable identification based on history of all ownership transfers
4.Automatically prevention any actions with Physical Items in case current Seller can’t prove ownership
5.Fraud and manipulation elimination with Item’s Data and features
Competitors
Mediledger
Provenance
Ambrosus
Shipchain
Advantages or differentiators
We are not trying to replace databases with Blockchain. Instead, we are using Blockchain tokens as a vehicle for data, value and ownership transferring. We are revolutionizing way of physical items identification which currently mostly based on Packaging and Marking, and also on Trust to current seller like many centuries ago and making Customer is finally responsible for all checks and risks because trust always means risks
Our goal - make all checks without Customer participation and proactively prevent any deals by checking of Item’s Data and all history of ownerships. Seller should be able sell smth to smb only in case Seller can prove ownership of that excat item according to entire item’s ownwnership transfers history
Business model
Key focus on subscription model
Money will be spent on
1. Legal entity (-ies) set up in EU and US
2. R&D for launching of pilots with customers,
3. Business development activities ( including participation in conferences and T&L),
4. Legal services (including IPR protection).
Offer for investor
We would like to negotiate cooperation condition personally
