Honeywell is working with iTRACE
The iTRACE 2DMI solution can be easily printed, verified and registered to the blockchain directly on the Honeywell PX940v Industrial Printer, enabling secure product authentication and track and trace to be deployed in any warehouse or production location. This new integration allows the physical printed item to be connected to the digital ledger creating a digital twin for online authentication, adding another level of security for industries including transportation and logistics, pharmaceuticals and healthcare, shipping and distribution centers, industrial manufacturing, automotive parts suppliers and applications that are regulated and require high precision and error-free printing.
'The use of blockchain offers businesses many opportunities to ensure supply chains of all complexities reduce fraud and increase trust with consumers and suppliers,' said
Industry studies show the business value added from blockchain technology will grow to more than
'The PX940v's ability to capture the printed image, inline while printing, made it the ideal platform to print and register 2DMI Marks to a database or blockchain digital ledger,' said iTRACE Founder and CEO
Once the secure label is applied to the product it can be tracked and authenticated on the blockchain ledger at every stop on its journey, creating a provenance for the item and confidence in its authenticity.
iTRACE has previously helped Honeywell's GoDirect Trade fight counterfeiting in the Aerospace industry with blockchain technology. GoDirect Trade is an online marketplace that bring together buyers and sellers of aerospace parts from around the world in an intuitive and easy way. The supply chain security company is now a part of Honeywell's Independent Software Vendor Partner Program, and its software is now available in the
Honeywell Safety and Productivity Solutions (SPS) provides products, software and connected solutions that improve productivity, workplace safety and asset performance for our customers across the globe. We deliver on this promise through industry-leading mobile devices, software, cloud technology and automation solutions, the broadest range of personal protective equipment and gas detection technology, and custom-engineered sensors, switches and controls.
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable
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