Added: Jan 02, 2023
Last edited: Feb 24, 2023
DNV is an independent expert in assurance and risk management. The company has developed a blockchain powered solution for product traceability for businesses. The latter will benefit by simply comunicating on product origin and circularity to customers through a QR code.
Customers request trusted information documenting the footprint from materials and production. There is a need for a platform that supports manufacturers and brands to back their sustainability claims with verified data. That allow them to trace the material from the factory gates until it reaches the customer.
Tag. Trace. Trust. helps the client issue a statement, certificate of conformity or product passport to share the quality, performance and environmental impact of its products and assets. A digital product passport contains product characteristics and certifications uploaded into the blockchain, creating differentiation in a competitive market where transparency is key. Businesses will instantly benefit from the ability to ensure the origin, maintain the integrity of products, protect their market position and differentiate company and product brands in a trusted way.
HOW DOES IT WORK?
Set-up: The client designs and implements the template he wishes to use to communicate the claims and/or attributes.
Issue: Issue the statements, whether single statements, certificates or product passports, containing the claims and/or attributes of its product or industrial asset.
Share: Share a single statement, certificate or product passport with customers and end-consumers.
Check: Users can scan a QR code to trace and check the origin and authenticity of the statement, certificate or product passport.
DNV OFFERING
Seamless: Integration via APIs into existing IT infrastructure.
Security: Data is stored immutably on the VeChain Thor public Blockchain.
Transparency: Customers can check claims on the blockchain via a hyperlink or QR code.