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Home Vendor Technology

DUST Identity and Algorand scale blockchain authenticated physical objects

Published by CryptoNinjas.net
11/06/2019
DUST Identity partners with Algorand for authenticated physical objects on blockchain

DUST Identity, a company linking physical objects to their digital record, has announced a partnership with Algorand, a recently launched high-performance blockchain platform designed for real-world applications.

Using DUST Identity and Algorand’s blockchain, organizations can provide scalable and tested methods to authenticate physical objects and validate transactions.

This partnership allows global organizations to utilize their complementary solutions to ensure digital integrity, physical security, and end-to-end visibility of their supply chains.

“A partnership between DUST Identity and Algorand brings together organizations focused on authenticity. A scalable blockchain merged with cutting edge security solutions will bring trust and verification in supply chain to new heights. I am excited to see DUST Identity leveraging these attributes of blockchain as part of their offerings.”
– Steven Kokinos, CEO at Algorand

Both Algorand and DUST Identity recognize decentralization of global supply chains requires new secure, transparent, and robust authentication solutions.

“DUST Identity’s mission is to solve that challenge by creating a trusted binding for physical items and their digital identities. As we continue to broaden our partner ecosystem, we are excited to work with Algorand’s blockchain to offer commercial organizations more visibility and trust in their supply chains.”
– Peter Gillooly, Head of Strategic Partnerships at DUST Identity

DUST Identity developed a solution that utilizes nanodiamonds to create an unclonable identity layer on any object. An optical scanner and cloud-based infrastructure provide an interface to the object identity and provenance. DUST ensures that trusted data and verifiable products are used and traced across their full lifecycle.
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