System and method for blockchain-based verification of certificates of authentication in supply chain management
OwnerMichael Coner, Ian Kimmelinventors
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OwnerMichael Coner, Ian Kimmelinventors
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A blockchain-based system and method for verifying Certificates of Authentication (COAs) in supply chain management is disclosed, adhering to ASTM D8558-24 guidelines and relevant ISO standards including ISO/IEC 27001, ISO 28000, and ISO 9001. The system utilizes a custom Layer 1 (L1) blockchain built on the Avalanche platform, implementing a dual-token model to create, manage, and verify COAs as Non-Fungible Tokens (NFTs). It features AI-powered authentication, enhanced security measures, and a data marketplace for monetizing authenticated supply chain data. The system offers improved scalability, customization for various industries, and facilitates both B2B and B2C transactions. With cross-chain communication capabilities and integration with existing supply chain systems, the invention addresses environmental and social considerations while providing comprehensive interoperability. This solution aims to revolutionize supply chain authentication, offering enhanced transparency, efficiency, and trust in global trade, all while maintaining compliance with international standards for security, quality, and supply chain management.
A blockchain-based system for verifying Certificates of Authentication (COAs) in supply chain management, compliant with ASTM D8558-24 and relevant ISO standards, comprising:
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