Blockchain Firms Nuggets And Devery Collaborate On Product Authentication Solutionsbr>
Nuggets is a consumer blockchain application that gives users a single biometric tool for login, payment, and identity verification without sharing or storing private data. Services like desktop e-commerce sites and telephone customer service agents can also ping the mobile app for payment and ID verification.
Devery is developing the Devery Protocol, a decentralized verification platform that enables marking and tracking over the ethereum network. It aims to protect brands and consumers from counterfeiting using the protocol by providing unique, verifiable identifiers to each product throughout the supply chain.
The two companies will be collaborating on blockchain-based solutions that would strengthen supply ecosystems. The partnership covers joint networking, collaborative sharing of technological and business expertise, together with global marketing outreach.
“There are obvious benefits for supply chain ecosystems to access combined payments, provenance and verification services,” said Alastair Johnson, CEO and Founder of Nuggets. “In developing new products together, as well as sharing commercial expertise and marketing efforts, we aim to build stronger, more efficient ecosystems that demonstrate the power of blockchain technology within supply chains.”
“At Devery, we work with companies to make their supply chains more efficient and secure, and we are working with Nuggets to help ensure this,” said Andrew Rasheed, Founder and CEO of Devery. “We look forward to utilizing both technologies to develop new solutions in this area, as well as opening up our commercial networks to help one another.”