Dilium wins the SI4.0 2020 Call with SafeTruth
Dilium will receive a financial contribution for the development of the SafeTruth blockchain anti-counterfeiting solution.
SafeTruth continues to achieve great results and recognition. After obtaining a score of 9.39 points out of 10 in the Digital Innovation Challenge, it also won the call SI 4.0 2020 - DEVELOPMENT OF INNOVATIVE SOLUTIONS I4.0, the UnionCamere initiative that promotes the development of innovative solutions, products and / or services focused on new skills and digital technologies as defined in the Piano Nazionale Imprese 4.0 by the Ministry for Economic Development.
From retail to document protection, SafeTruth is able to guarantee the absolute originality of a product or certificate. In an attempt to stem the counterfeiting problem, the unique data of an asset is stored on an Ethereum Blockchain network and any fraudulent attempt to alter the recorded data is detected by the system. The recognition of authenticity takes place via the SafeTruth mobile application, by scanning the NFC tag associated with a product.
Thanks to the support of the ICE Agency, we will have the opportunity to start with pivots at companies interested in certifying their products with the blockchain, offering our solution also through White Label Applications that integrate our SDK. The goal is to make SafeTruth increasingly able to meet the needs of a market plagued by illegal activities. In fact, every year unrealized sales due to counterfeiting amount to 19 billion in Europe, a phenomenon that with the Covid-19 pandemic has also seen the illicit drug market grow.