Chronicled Completes Technical Pilot Demonstrating Cryptographic Anonymous Transfer of SGTINs for Supply Chain Applications

andnbsp;Chronicled, Inc. today announced the completion of a technical pilot demonstrating a cryptographic method of anonymously transferring a Serialized Global Trade Item Number (SGTIN). andnbsp;SGTINs identify individual items as they move through multi-stage supply chains, which can often involve multiple custodians and geographic locations. andnbsp;Using an applied cryptographic verification model known as Zero Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARK) developed by University researchers at UC Berkeley and MIT , the pilot allows multiple independent parties to verify an object's identity and provenance without directly interacting with one another or a centralized database. andnbsp;This enables secure and anonymous transfer of possession and/or ownership of SGTINs within multi-party supply chains. Click here for more.

from Cellular News http://bit.ly/2vfDqL3