Scantrust
Swiss information technology company
From Wikipedia, the free encyclopedia
Scantrust is a Swiss company that provides enterprise software for product authentication and supply chain traceability.[1][2]
Scantrust logo since 2020 | |
| Company type | Privately held company |
|---|---|
| Industry | Software as a service |
| Founded | 2013 |
| Founder | Justin Picard, Nathan J. Anderson, Paul Landry |
| Headquarters | , |
| Services | Brand protection, supply chain traceability, smart packaging |
| Website | www |
Scantrust offers traceability for various industries, such as luxury goods,[3] food products,[4] industrial machines,[5] water filters, cables,[6] agrochemical products,[7] and fiscal stamps.[8] Nathan J. Anderson is the CEO.[9]
History
Justin Picard, Nathan J. Anderson, and Paul Landry founded Scantrust at the end of 2013.[10][11] A seed round led by SOSV was raised in 2015,[12][13] and a series A led by Credit Suisse was raised in 2017.[14][15][16] In 2016, the company concluded a partnership with Agfa-Gevaert to integrate its technologies into Agfa's security software.[17][18] In 2017, the National Seeds Institute of Argentina released a fiscal stamp printed with Scantrust secure QR Code.[8] In 2018, the company entered into a partnership with Hyperledger and began offering services using Hyperledger Sawtooth.[19] In 2019, the Dutch Standards organisation NEN announced they would use Scantrust secure QR codes to ensure the authenticity of their certificates.[20] The same year, Scantrust entered into a partnership with HP Indigo for labels printed with HP commercial printers.[21] In 2020, Scantrust entered into a partnership with SAP[4] to deliver end-to-end traceability.[citation needed]
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][16] 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[1][30] An enterprise app is also provided for employees, distributors and forensic inspections.[31]