Any item with Scantrust Secure QR codes can have their authenticity verified using a mobile phone. With the LTO network, an additional, immutable digital audit trail for information can be added, creating a secure data anchor for government certificates, product and safety certifications, diamond certificates, warranty cards for luxury goods (e.g. watches), and any other high value items.
LTO network blockchain also supports a new way to track supply chain information. By integrating blockchain for enhanced transparency and immutability, counterfeiters are blocked from easily faking the origin of the counterfeit items they sell. In an industry plagued by a $500 billion counterfeiting problem, these tools represent a significant step forward in protecting businesses and safeguarding consumers.
The option to integrate LTO Network technology with Scantrust Secure QR codes is part of a vision for a future where trust is built into the very fabric of our transactions and trades. For Scantrust, it’s an opportunity to expand our reach and further our mission of document security. For LTO Network, it’s about adding a powerful security layer to their suite of privacy-focused solutions, offering their clients a comprehensive package for building trust in today’s digital world.
LTO Network is a privacy-aware Layer-1 blockchain for Real World Assets, Data Security and identity solutions.
The platform is designed for business process efficiency and security. It combines a public layer for transparency and a private layer for data security, ensuring GDPR and MiCA compliance. This dual-layer approach makes it ideal for enterprises requiring data privacy and regulatory adherence.