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Description

Individuals and companies have the option to use decentralized digital technologies to manage data flows and usage. This is based on individual freedom and self-determination. These technologies will allow individuals and companies to have dynamic data portability in real time, as well as various compensation models. Modern capitalism was born in the XIVth century when private property rights over production means were established. Today, data ownership rights will be the foundations for a distributed and decentralized new data economy. Ecosteer Patented data ownership platform technically implements the EU GDPR legal principle of Data Ownership. This gives data owners the ability control third-party access to their data and to receive compensation for data sharing. Ecosteer Data Ownership Platform, which uses end-to-end encryption with blockchain smart contracts, decentralizes data access control and gives it back to the rightful owners.

Description

Comprehensive tracking of supply chains for both digital and tangible assets is crucial. Monitor the journey of raw materials, components, and facilities from their origin to final sale, ensuring that every log, report, and inspection is meticulously recorded alongside the product. Gain valuable insights through analytics that reveal trends in the movement of your items, consolidating information about all partners, products, and components in one centralized location. The ability to trace the source of your product enhances authenticity verification, defect tracking, and efficient recall processes. Additionally, detailed reporting on product history is essential for meeting regulatory compliance requirements. From the initial source to the point of sale, TrackR provides an effective data management solution that fosters collaboration among all stakeholders in your value chain. With your organization’s data and that of your partners securely integrated on one platform, you can effortlessly access comprehensive insights into your operations, while the application of access-controlled blockchain technology mitigates any security concerns regarding the sharing of sensitive information. This holistic approach not only streamlines processes but also builds trust among all parties involved.