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Scantrust
Swiss information technology company From Wikipedia, the free encyclopedia
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Scantrust is a Swiss company that developed an anti-counterfeiting and traceability software that helps consumers identify if a product is real fake.[1]
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Scantrust offers traceability for various industries, such as luxury goods,[2] food products,[3] industrial machines,[4] water filters, cables,[5] agrochemical products,[6] and fiscal stamps.[7] Nathan J. Anderson is the CEO.[8]
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History
Justin Picard, Nathan J. Anderson, and Paul Landry founded Scantrust in late 2013.[9][10] A seed round led by SOSV was raised in 2015,[11][12] and a series A led by Credit Suisse was raised in 2017.[13][14][15] In 2016, the company concluded a partnership with Agfa-Gevaert to integrate its technologies into Agfa's security software.[16][17] In 2017, the National Seeds Institute of Argentina released a fiscal stamp printed with a Scantrust secure QR Code.[7] In 2018, the company entered into a partnership with Hyperledger and began offering services using Hyperledger Sawtooth.[18]
In 2019, the Dutch Standards organisation NEN announced it would use Scantrust secure QR codes to ensure the authenticity of its certificates.[19] The same year, Scantrust entered into a partnership with HP Indigo for labels printed with HP commercial printers.[20] In 2020, Scantrust entered into a partnership with SAP[21] to deliver end-to-end traceability.[citation needed]
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Product authentication and traceability
The company has developed a QR Code system with an additional layer of protection against copying, based on inserting a copy detection pattern or secure graphic which loses information when it is copied.[22][15] The technology does not require special materials, inks, and modifications to printing equipment to implement.[23] Related product authentication and traceability data can be stored into a blockchain.[24]
QR codes used in Scantrust authentication and traceability systems are printed on product packaging and scanned with a smartphone to authenticate and track products.[25][26] The company provides a free app to consumers which can be used to scan products with the copy detection pattern and help detect counterfeits.[27][28][29] Scanning of a code with a smartphone can also offer a traceability feature with origin and supply chain information made about the product made available[30][31] An enterprise app is also provided for employees, distributors and forensic inspections.[32]
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References
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