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Trusted Fast Flexible Digital Supply Chains1-10 Employees
  • B2B
  • Early Stage
    Startup in initial stages
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Trusted Fast Flexible Digital Supply Chains
VeriTX is a trusted marketplace for digital assets utilizing a platform-based business model to enable the aerospace digital supply chains of Industry 4.0.

The enabling technologies are 3D Printing and Blockchain Provenance. By fusing technologies, VeriTX will enable production to move beyond the traditional four walls of a factory to a distribute network. VeriTX pushes the conversion of bits to atoms to the point of consumption and drives the nonvalue-added costs out of supply chains…packaging, shipping, warehousing, inventory management, customs fees.

Additionally, VeriTX enables rapid forensics in the event of a part malfunction or failure. VeriTX also leverages blockchain smart contracts and hashing for data and process integrity. In markets where the risk of counterfeit parts negatively impacting supply chains is high, VeriTX provides attestation of part integrity. VeriTX unlocks the 4th Modality of Logistics…Land, Air, Sea and now Digital!

Industry 4.0 and advanced manufacturing technology is changing how businesses interact. Margin pressures are driving traditional industrial companies to enter digital markets where cost of goods sold are minimized and operating margins are higher. Airlines are focused on “Up-Time” and VeriTX will enable airlines to increase up-time and reduce costs.
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James Allen Regenor
Avatar for James Allen Regenor
Founder, Inventor, Leader. Air Force Pilot, Colonel. White House Dep Exec Secretary, NSC. Founded companies in tech convergence zones, Blockchain & 3DP.
Valuation

$0

Funded over

1 round

Latest round

Seed (Sep 2019)

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