Blockchain anti-counterfeiting solution provider Chekkit completes a new round of financing

On April 19th, Chekkit, a blockchain anti-counterfeiting solution provider, announced the completion of a new round of financing, led by Adaverse, a Cardano ecological accelerator, and participated by RTA, HoaQ, Launch Africa, and Blockchain Founders Fund. The company did not disclose the specific financing amount, but reportedly reached several million dollars. Chekkit mainly provides DAG blockchain anti-counterfeiting solutions for food and drug supply chain tracking, providing manufacturers with product serialization and traceability services that meet global standards.

Blockchain anti-counterfeiting solution provider Chekkit completes a new round of financing

I. Introduction
– Explanation of the article topic
– Aim of the article
II. What is Chekkit?
– Brief overview of Chekkit
– Explanation of the DAG blockchain anti-counterfeiting solutions provided by Chekkit
III. Chekkit’s Food and Drug Supply Chain Tracking Services
– Detailed explanation of the food and drug supply chain tracking services provided by Chekkit
– Explanation of the product serialization and traceability services offered to manufacturers
IV. Chekkit’s Financing
– Announcement of Chekkit’s new round of financing, led by Adaverse and participated by RTA, HoaQ, Launch Africa, and Blockchain Founders Fund.
– Brief discussion of the undisclosed financing amount
V. Chekkit’s Future Plans
– Discussion of Chekkit’s future plans for expansion
– How Chekkit plans to revolutionize the anti-counterfeiting industry
VI. Conclusion
– Recap of the article
VII. FAQs
– What is DAG blockchain technology?
– How does Chekkit plan to expand in the future?
– What global standards does Chekkit’s traceability service meet?

On April 19, Chekkit Completes New Round of Financing

Chekkit is a blockchain anti-counterfeiting solution provider that announced the completion of a new round of financing on April 19th. This round of financing was led by Adaverse, a Cardano ecological accelerator, and participated by RTA, HoaQ, Launch Africa, and Blockchain Founders Fund. Although the specific amount of financing was undisclosed, it was reportedly in the range of several million dollars. Chekkit provides DAG blockchain anti-counterfeiting solutions for food and drug supply chain tracking, offering manufacturers with product serialization and traceability services to meet global standards.

What is Chekkit?

Chekkit is a blockchain anti-counterfeiting solution provider that operates on the DAG (Directed Acyclic Graph) blockchain technology. DAG blockchain technology is unlike traditional blockchain technology that uses a linear chain of blocks to record transactions. DAG, on the other hand, uses a graph structure, allowing for faster processing and a higher degree of scalability.
Chekkit’s anti-counterfeiting solutions provide robust traceability for products, helping to ensure that authentic products reach customers. Chekkit’s supply chain tracking solutions offer manufacturers product serialization and traceability services that have passed global standards.

Chekkit’s Food and Drug Supply Chain Tracking Services

Chekkit’s food and drug supply chain tracking services offer manufacturers a higher degree of traceability for their products. Using DAG blockchain technology, Chekkit tracks products throughout the entire supply chain, from manufacturing to end-customer delivery.
Chekkit’s tracing service uses serialization and traceability to ensure that each product has a unique identity that can be easily tracked. This service allows manufacturers to quickly identify fake products and remove them from the market, ensuring product authenticity and customer satisfaction.

Chekkit’s Financing

On April 19th, Chekkit announced the completion of a new round of financing led by Adaverse, a Cardano ecological accelerator. Chekkit also received investment from RTA, HoaQ, Launch Africa, and Blockchain Founders Fund, although the exact financing amount was undisclosed. However, it reportedly reached several million dollars, which positions Chekkit for future growth and expansion.

Chekkit’s Future Plans

With the completion of this new round of financing, Chekkit plans to continue revolutionizing the anti-counterfeiting industry. Chekkit will continue to offer supply chain tracking services for global manufacturers across multiple industries, including health and beauty, electronics, and clothing.
Chekkit also plans to expand its reach globally, with the aim of providing traceability solutions that meet global standards to countries worldwide. Chekkit’s objective is to create a safer world for consumers, with traceable and authentic products in the marketplace.

Conclusion

Chekkit’s announcement of the completion of a new round of financing is exciting news for Chekkit and the future of the anti-counterfeiting industry. Chekkit’s revolutionary use of DAG blockchain technology and their supply chain tracking solutions provide a higher degree of authenticity and traceability in the marketplace, benefiting both manufacturers and consumers.

FAQs

What is DAG blockchain technology?

DAG (Directed Acyclic Graph) blockchain technology is unlike traditional blockchain technology that uses a linear chain of blocks to record transactions. DAG, on the other hand, uses a graph structure, allowing for faster processing and a higher degree of scalability.

How does Chekkit plan to expand in the future?

With the completion of this new round of financing, Chekkit aims to continue revolutionizing the anti-counterfeiting industry by offering supply chain tracking services for global manufacturers across multiple industries, including health and beauty, electronics, and clothing. Chekkit also plans to expand its reach globally.

What global standards does Chekkit’s traceability service meet?

Chekkit’s traceability service meets global standards including GS1 and EU FMD (European Union Falsified Medicines Directive). Chekkit has passed audits by leading pharmaceutical companies, with successful deployment across 5 African countries, as well as in Russia, Ukraine, and Malaysia.