Applied DNA Sciences, Everledger sign MoU for blockchain

Applied DNA Sciences, Inc. has signed an memorandum of understanding (MoU) with Everledger to build CertainT Blockchain platform for high-end products including leather. The molecular tag, test and track platform will provide physical identity and traceability for Everledger digital platform with leather supply chain as first target market.

Everledger’s leadership in tracking provenance on its blockchain-based platform has been proven to offer transparency and asset protection across various industries. The company’s emerging technology solution is scaled for industry standardisation as evidenced by the provenance of over 2.2 million diamonds encrypted on its platform. The company was recently named as a World Economic Forum 2018 Technology Pioneer.