TBSx3 joins GS1 Alliance Partner Program with blockchain technology to transform supply chains
For immediate release Wednesday 23 May 2018 – TBSx3, an Australian start-up committed to restoring trust to international trade using blockchain technology combined with the latest anti-counterfeit technologies, today announced they have joined GS1 Australia’s Alliance Partner Program.
GS1 is a not-for-profit organisation providing standards, services and emerging technologies to help solve omni channel challenges and improve inventory accuracy, visibility and traceability of supply chains across physical and digital channels in the retail sector.
The team at TBSx3 have developed a blockchain solution that protects brands and their supply chains and empowers their consumers with product origin information. The TBSx3 system provides three essential supply chain capabilities and digitises all related documents such as Certificates of Origin: provenance, traceability through the custodian chain and authentication.
Pieter Vandevelde, Chief Revenue Officer at TBSx3 said, “Our entry into the GS1 Australia Alliance Partner Program as an Associate Alliance Partner signifies our commitment to enable brands to protect their supply chains through end-to-end visibility using GS1 standards in both sea freight and air freight.”
“The TBSx3 technology also helps brand owners and retailers reassure their consumers that their products are genuine and safe. We use any packaging tracking technology such as QR, intaglio labels or NFC to connect brands with their consumers.”
TBSx3’s technology is supported by a global blockchain consortium of freight forwarders, shippers, sea and airport operators. The platform is next-gen SCM technology and is designed from the ground-up to run on blockchain technology.
GS1 Australia’s Manager – Business Development and Partnerships, Sean Sloan said, “The entry of TBSx3 into the Alliance Partner Program is a great asset to the Alliance Partner community and a significant investment in leveraging GS1 standards to uniquely identify items and exchange data across organisations using a common language.
“We look forward to working in partnership with TBSx3 in the Australian marketplace to combat the trade of counterfeit goods including food, wine, dairy, meat and pharmaceuticals using GS1 standards.”
About GS1 Australia
GS1 is a neutral, not-for-profit organisation that develops and maintains the most widely used global standards for efficient business communication. We are best known for the barcode, named by the BBC as one of “the 50 things that made the world economy”. With local Member Organisations in 112 countries, 1.5 million user companies and 6 billion transactions every day, GS1 standards create a common language that supports systems and processes in 25 sectors across the globe. For more information visit the GS1 Australia website or follow us onLinkedIn, Facebook and our YouTube channel.
TBSx3 (To Be Sure x 3) is a blockchain-based supply chain company that aims to protect supply chains, combat the worldwide trade of counterfeit goods and connect brands with their consumers. TBSx3 earlier this year launched their global consortium, a unified and far-reaching network of pioneers in global trade including logistic and supply chain giants DP World and DB Schenker. The alliance have already tested and utilised the technology developed by TBSx3, last year completing one of the largest blockchain trials to secure cargo across a global supply chain.
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