2020-06-03 17:30:39

British Standards Institution Releases White Paper on Use of OriginTrail Decentralised Network

In early 2019, the business standards company BSI partnered up exclusively with Trace Labs, the core developers of OriginTrail, to deliver blockchain-enabled solutions. With such solutions, the British Standards Institution (BSI) seeks to enhance its global assurance, certification, and supply chain services by ensuring the integrity of digital records. In collaboration with Trace Labs, BSI is now launching a series of blockchain-based solutions catering to both organizations and individuals aiming to build resilience in their supply chains, a need becoming even more apparent in light of the COVID-19 virus outbreak. Solutions described in the recently released BSI white paper — titled “Instruments of Trust: BSI’s Blockchain-Based Solutions” — enable a secure and trusted way of verifying the authenticity of claimed personal credentials as well as company and product certifications. BSI has also introduced the SCAN Trusted Factory Blockchain Program designed for US importers to ensure the authenticity of a factory’s certification and factory credentials.