Tracer and Verofax Join Hands to Usher food traceability in the UAE with a blockchain-based platform
Tracer Tech, headquartered in the Sharjah Research Technology and Innovation Park, is set to launch its new food safety and traceability application, powered by leading asset management platform provider Verofax. Tracer’s food safety solution enables CPG brands and retailers to engage with consumers directly by turning products digitally enabled and verifiable. Built on top of Verofax’s blockchain-based traceability platform, the Tracer App empowers consumers to choose food items based on […]
4 Benefits of Supply Chain Traceability Solutions for Your Business
As firms add new partners, grow into new locations, and strive to fulfill ever-changing regulatory requirements, today’s global supply chain requires increased visibility. Implementing supply chain transparency has become essential for businesses to assure quality, secure products, protect consumers, optimize inventory location, and ensure on-time market delivery. To meet these requirements, companies require tools that […]
MOU Between Verofax Asia and Distichain to Enable Empowered Digital Global Trade
DUBAI / KUALA LUMPUR, Jan 21, 2022 – (ACN Newswire) – Under the patronage of YB Tan Sri Datuk Seri Panglima Haji Annuar Bin Musa, Malaysian Minister of Communications and Multimedia, and with the participation of Malaysia Digital Economy Corporation (MDEC), a Memorandum of Understanding (MoU) was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of […]
Verofax secures $1.5M in pre-Series A to expand its Traceability as a Service Offering
Verofax Limited, an Asset Digitization and Traceability solutions provider, today announced closing a $1.5M pre-Series A round led by led by Benson Oak and Wami Capital, with Vernalis Capital and 500 Startups completing the group. Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide ‘Traceability as a Service’, enabling brands to […]
