We verify the origins of the specific product to validate its authenticity and safety.
We track the product's journey through multiple processes and handling, ensuring required standards are met along the way.
We de-risk supply chains using distributed ledger technology to verify product safety and sustainability claims.
We provide consumers with a digital experience, where they can track the product's journey.
Transparency and sustainability are more important than ever for businesses and consumers.
Blockchain Technology is being adopted across entire supply-chains to provide businesses with reliable information to communicate to consumers by
Verifact's technology-led solutions help to manage complex supply-chains and can verify and validate end-to-end product information which promotes food safety and sustainability.
Blockchain is a network of computers which operate together to confirm the validity of a proposed 'block' prior to storage. When there is consensus, it is added to the distributed ledger as a new block in the 'chain'. Once the Blockchain transaction is confirmed, it cannot be modified. This makes it impossible to falsify information or hack.
Blockchain gives the consumer the full product story from start to finish. This ensures that businesses are held accountable as they have a responsibility at each layer to uphold the company's reputation and in turn guarantees the company's growth into the future.
Being open and accountable is paramount to a successful future. We provide full traceability to help join the dots for brand and consumers. This clarity and reassurance enables informed and empowered choices.