FeaturePrint is a machine-vision based solution for authentication and traceability of physical items. The combination of SIMBA's blockchain platform and Alitheon's authentication technology offering delivers both an irrefutable authentication of the physical item, as well as an immutable ledger where ownership and other data is stored, so that any sales, upgrades and maintenance are securely captured for the lifecycle of the actual item. The transparency and immutability that this enhanced solution delivers goes beyond any "certificates of authenticity" or identifying additives that are currently used, ensuring end-to-end verification and security of both the physical and digital components of the product.
The combined solution provides supply chains, manufacturers and luxury retailers with a holistic solution to the authentication of physical items and the digital data that goes with them. There are several industries in which authenticating physical items generates value, namely by proving ownership and verifying attributes. For example, the authenticity and associated certifications of aircraft and automotive parts can be traced through the supply chain in real time, eliminating risks of false parts or subpar maintenance.
