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==BlockVerify technology==
==BlockVerify technology==
Manufacturers lose billions of dollars as high-value products such as medicine, luxury items, diamonds, electronics, music, and software are counterfeited.<ref name=gupta> Gupta, Shibakali; Banerjee, Indradip; Bhattacharyya, Siddhartha (2019). Big Data Security. Walter de Gruyter GmbH & Co KG. ISBN 978-3-11-060596-9</ref> Security companies use various technologies to address this issue in the block chain. Blockverify addresses this problem through its supply chain management solution based on blockchain by preventing duplicate appearances.<ref> Widjaja, Mr Gunawan; Upadhayaya, Niraj; Keshta, Ismail; Byeon, Dr Haewon (2023-09-18). Blockchain fundamentals core and concepts and decentralized ledger technology. Xoffencerpublication. ISBN 978-81-19534-30-2. p. 8</ref> The company uses its own private blockchain in its recording procedures but is also capable of using other blockchains such as Bitcoin. <ref name=gupta/>
Manufacturers lose billions of dollars as high-value products such as medicine, luxury items, diamonds, electronics, music, and software are counterfeited.<ref name=gupta> Gupta, Shibakali; Banerjee, Indradip; Bhattacharyya, Siddhartha (2019). Big Data Security. Walter de Gruyter GmbH & Co KG. ISBN 978-3-11-060596-9</ref> Security companies use various technologies to address this issue in the block chain. Blockverify addresses this problem through its supply chain management solution based on blockchain by preventing duplicate appearances.<ref> Widjaja, Mr Gunawan; Upadhayaya, Niraj; Keshta, Ismail; Byeon, Dr Haewon (2023-09-18). Blockchain fundamentals core and concepts and decentralized ledger technology. Xoffencerpublication. ISBN 978-81-19534-30-2. p. 8</ref> The company uses its own private blockchain in its recording procedures but is also capable of using other blockchains such as Bitcoin. <ref name=gupta/> Through a decentralized platform, its technologies can be seamlessly integrated with existing supply chain processes.<ref name= Vizologi > Vizologi (n.d.). "Blockverify’s Company Overview". Vizologi. [https://vizologi.com/business-strategy-canvas/blockverify-business-model-canvas/]</ref>

Revision as of 01:29, 12 December 2025

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Blockverify is a startup that provides blockchain-based anti-counterfeit solutions mainly to customers in the supply chain industry. The company, which was founded by Paul Tanasyuk and Pavlo Tanasyuk in 2015[1], allows its users to track high-value goods throughout the supply chain to deliver authentic products to its consumers.[2][3]

The Blockverify technology can be used for different products in order to track the diversion of goods and fraudulent transaction.[4]

BlockVerify technology

Manufacturers lose billions of dollars as high-value products such as medicine, luxury items, diamonds, electronics, music, and software are counterfeited.[5] Security companies use various technologies to address this issue in the block chain. Blockverify addresses this problem through its supply chain management solution based on blockchain by preventing duplicate appearances.[6] The company uses its own private blockchain in its recording procedures but is also capable of using other blockchains such as Bitcoin. [5] Through a decentralized platform, its technologies can be seamlessly integrated with existing supply chain processes.[7]

  1. ↑ UK Tech (2021-06-04). "These are the most funded cryptocurrency startups in the UK right now". UKTN. [1]
  2. ↑ Thomson, Andrew (2015-09-27). "Using The Blockchain To Fight Crime And Save Lives". TechCrunch. Retrieved 2025-10-01
  3. ↑ Bheemaiah, Kariappa (2017). The Blockchain Alternative: Rethinking Macroeconomic Policy and Economic Theory. Apress. p. 68. ISBN 978-1-4842-2674-2
  4. ↑ Dave, Chintan (2024). Security Challenges with Blockchain: Navigate Blockchain Security Challenges, Unveil Vulnerabilities, and Gain Practical Strategies for Secure Application Development. Orange Education Pvt Limited. ISBN 978-81-968620-9-1
  5. ↑ 5.0 5.1 Gupta, Shibakali; Banerjee, Indradip; Bhattacharyya, Siddhartha (2019). Big Data Security. Walter de Gruyter GmbH & Co KG. ISBN 978-3-11-060596-9
  6. ↑ Widjaja, Mr Gunawan; Upadhayaya, Niraj; Keshta, Ismail; Byeon, Dr Haewon (2023-09-18). Blockchain fundamentals core and concepts and decentralized ledger technology. Xoffencerpublication. ISBN 978-81-19534-30-2. p. 8
  7. ↑ Vizologi (n.d.). "Blockverify’s Company Overview". Vizologi. [2]