Autentica Parts is a blockchain-based platform that connects OEMs, car part buyers, and 3D printing service providers, ensuring the authenticity and traceability of spare parts through NFT technology. The platform reduces non-production costs by 70% and CO2 emissions by 40% by streamlining the procurement of genuine parts and minimizing transportation needs.
Funding
$201.5K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The automotive spare parts industry faces challenges with counterfeit parts, inefficient supply chains, and high transportation costs, leading to increased non-production expenses and environmental impact. Verifying the authenticity and origin of spare parts is difficult, and traditional procurement processes are often slow and cumbersome.
Solution
Autentica Parts is a blockchain-based platform that connects original equipment manufacturers (OEMs), car part buyers, and 3D printing service providers to ensure the authenticity and traceability of spare parts. The platform leverages non-fungible tokens (NFTs) to represent digital twins of parts, providing a secure and transparent record of their origin and manufacturing process. By enabling on-demand 3D printing of spare parts through a distributed network of certified providers, Autentica Parts reduces the need for extensive warehousing and long-distance transportation. This streamlined approach lowers non-production costs, minimizes carbon emissions, and ensures that buyers receive genuine, high-quality parts directly from authorized sources. The platform offers a single database where buyers can order parts from multiple OEMs and initiate the 3D printing process with a single click.
Target Audience
The primary target audience includes automotive dealerships, garages, repair centers, and parts distributors seeking genuine spare parts, as well as OEMs looking to streamline their supply chain and protect their intellectual property.
Features
- NFT-based authentication and tracking of 3D-printed spare parts
- Secure platform connecting OEMs, buyers, and 3D printing service providers
- Streamlined "click-to-print" ordering process for genuine parts from multiple OEMs
- Protection of 3D design files using blockchain technology
- Reduction of administrative costs through token redemption for 3D printing service providers
- Integration with a network of certified 3D printing providers for on-demand manufacturing
- Real-time tracking of parts throughout the manufacturing and delivery process