We are proud to announce that on the 30th of January, OriginTrail became a member of GS1 (application through Slovenian office). GS1 is the leading organization that develops and maintains global standards for business communication. In this blog post, we will briefly present GS1, and we also asked our supply chain integrity and standards advisor, Mr. John G. Keogh, to explain what does this membership mean for OriginTrail.

This is the third important membership OriginTrail has announced in the past month — the first two being Enterprise Ethereum Alliance and Blockchain for Social Impact Coalition by ConsenSys.

GS1 — making a difference with over 5 billion barcode scans every day

GS1 is over 40 years old organisation and its relevance is increasing due to the digitization of global supply chains and the push to online trade. The GS1 standards help create and manage product data and information DNA. Hence, it’s not surprising that GS1’s global management board includes industry giants such as P&G, J&J, Walmart, Deutsche Post DHL, AEON, Metro AG, Nestle, Mattel, Mondelez and e-commerce giants eBay, Amazon and Alibaba.

What does the membership in GS1 mean for OriginTrail?

We asked our Supply Chain Integrity & Standards Advisor, Mr. John G. Keogh to explain the impact and potential of GS1 membership to our future technology development and adoption.

“GS1 standards are critical in global trade and provide a common language for trading parties to communicate seamlessly. From the humble barcode on a bottle of water to the serialized identifiers used in the medical devices and pharmaceuticals sectors, GS1 standards enable operational efficiencies, data governance best practices and trading partner interoperability. Membership of GS1 brings OriginTrail into a unique global supply chain standards organization with offices in more than 110 countries and governed by its members from 20+ industry sectors. OriginTrail will have access to current and evolving supply chain data, information and interoperability standards that currently form the foundation of global trade. As GS1 standards facilitate the implementation of regulations, OriginTrail will be able to offer a unique competitive advantage by enabling blockchain to blockchain and blockchain to legacy interoperability through its GS1 compliant protocol.”