The startup has developed a decentralized blockchain platform that provides a physical asset authentication system through advanced packaging, labeling, and manufacturing technologies. This solution enables users to verify ownership and track the chain of custody for physical assets, addressing issues of fraud and misrepresentation in asset management.
Funding
$660K 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
Counterfeiting, theft, tampering, and other forms of fraud pose significant risks to modern supply chains and processes that rely on valid documentation. Existing technologies often fail to provide a scalable and effective connection between physical assets and digital systems, leaving vulnerabilities in authentication and verification.
Solution
Septillion Technologies offers Fibrecode, a Physical to Digital authentication platform that adds a covert physical ID to existing paper and packaging assets, creating an immutable connection between physical goods and digital systems. This patented technology uses machine vision to read the unique fibre fingerprint of each item, which is then algorithmically verified and securely stored as an encrypted digital ID. Fibrecode integrates with existing supply chain systems through established APIs and SDKs, and can be deployed on a blockchain to act as a crypto anchor between physical goods and digital systems across decentralized networks. The solution supports the prevention, detection, and correction of supply chain risks stemming from inauthentic goods and documents.
Target Audience
The primary target audience includes brands, manufacturers, revenue and customs teams, label and packaging providers, shipping and logistics firms, and supply chain software vendors seeking to enhance security and authenticity in their supply chains and document validation processes.
Features
- Covert physical IDs invisible to the naked eye, embedded directly into paper, polymers, and other materials
- Copy-proof security that cannot be replicated, even by the manufacturer
- Anonymous authentication without identification, ensuring no discernible personal information is visible
- Real-time enrollment and validation of fibre-based labels and identifiers
- Cost-effective and scalable security fibres, widely used in currency and secure documents
- Portable authentication using business-grade mobile devices and standard mobile connectivity
- Established APIs and SDKs for straightforward integration with existing systems
- Blockchain deployment option for decentralized networks