Supply Chain Management and Security Through New Blockchain-Based CryptoSeal Prototype
San Francisco-based blockchain and IoT technology company, Chronicled, Inc. has announced the release of its CryptoSeal prototype, a development towards creating an immutable supply chain which shows provenance and facilitates the secure movement of physical assets.
The tamper-evident CryptoSeals is an adhesive trip which is attached to an object. Each contains a ‘Near Field Communication’ chip embedded with unique identity information, which is immutably registered and verified on a blockchain. The tamper-evident form factor for the CryptoSeal was developed in partnership with Cellotape Smart Products, a 70 year old manufacturing company based in Newark, CA. In addition to an object’s identity, the Seal also records the identity of its registrant and packaging or asset metadata to the blockchain.