2020-06-03 17:30:39

In early 2019, the business standards company BSI partnered up exclusively with Trace Labs, the core developers of OriginTrail, to deliver blockchain-enabled solutions. With such solutions, the British Standards Institution (BSI) seeks to enhance its global assurance, certification, and supply chain services by ensuring the integrity of digital records. In collaboration with Trace Labs, BSI is now launching a series of blockchain-based solutions catering to both organizations and individuals aiming to build resilience in their supply chains, a need becoming even more apparent in light of the COVID-19 virus outbreak. Solutions described in the recently released BSI white paper — titled “Instruments of Trust: BSI’s Blockchain-Based Solutions” — enable a secure and trusted way of verifying the authenticity of claimed personal credentials as well as company and product certifications. BSI has also introduced the SCAN Trusted Factory Blockchain Program designed for US importers to ensure the authenticity of a factory’s certification and factory credentials.

2020-07-03 19:24:17

The COVID-19 crisis has revealed weak points in the procurement of medical equipment. As the number of suppliers went up quickly, many that had no track record in the sector were attempting to profit at the expense of public budgets and national healthcare systems. No reliable system that would allow buyers of medical supplies to verify supplier profiles is available to date. Many manual verifications are needed, rendering the purchase processes highly prone to errors. To tackle these issues, the Trace Alliance will leverage the OriginTrail Decentralized Network (ODN) to build a decentralized Trusted COVID-19 Essential Supplies Repository (tCESR) for global information about essential supplies for COVID-19 emergencies. With this single-source-of-truth repository built on the ODN, governments, businesses, and individuals will be able to seamlessly access relevant information about a particular product essential to fighting COVID-19 outbreaks. Open data will be collected with a crowdsourcing campaign and made freely available on the network to be accessed by anyone.

2020-06-30 13:49:31

The booming development of innovative protocols in the DLT space has brought hundreds of nascent tokenized systems to the market over the last several years, including a range of different technical solutions, decentralization schemes, and economic models. As firm believers in decentralization, the team at Trace Labs sees this vast innovation landscape as a very promising one, out of which many well-thought-out, battle-tested and highly resilient systems will become the next layer of the global IT trust infrastructure.

2020-06-24 19:15:09

Within the global food industry, food growers, manufacturers, processors, importers, exporters, distributors, retailers, and packagers are all expected to be certified according to food safety standards. This highlights the importance of food safety and certification. The food certification market (expected to be worth $11.45 billion by 2023) is vertical and multi-sided, and shares a common need: all involved stakeholders should share food safety data in well-defined, automated, and robust ways, using secured and controlled mechanisms that enhance trust and collaboration.