Digitized Certificates of Authenticity & Ownership / Trusted Track&Trace Data Management for IR 4.0 / Blockchain-As-A-Service
We are changing the concept of authenticity, ownership and data governance in the digital age, using the latest technologies such as Distributed Ledger Technology (DLT/Blockchain) and IoT.
LuxTag is based in Kuala Lumpur, Malaysia; it is a low-cost, business-friendly, english-speaking, cutting-edge technology center, right in the middle of the most exciting economic zone in the world.
Founded in Q1/2017, LuxTag is now at it’s pre-Series-A funding stage. Throughout 2017 and 2018 the deliverables and products have been refined to allow scalable deployments. First noteworthy revenue is achieved in Q2/2019.The LuxTag team comprises of three co-founders of diverse cultural background and a total of 28 staff.
Vision: Create an honest world built upon innovation, integrity and cooperation. LuxTag enables assurances to supersede assumptions.
Mission: We redefine the concept of authenticity, ownership and data governance in the digital age, using high-end technologies such as Distributed Ledger Technology (DLT/Blockchain) and IOT.
LuxTag is the first Blockchain as a Service (BaaS) company that enables users (either IP owners or final customers) verify the authenticity and provenance of any data or item, helping to fight against counterfeiting and fraud (such as grey market & parallel trading).
The core of our service is the blockchain technology that allows traceability and provenance of products through product tokenization - a major differentiator between us and most competitors where existing technology focuses on the application of proof-of-existence, fungible tokens or non-fungible tokens.
The LuxTag solution comprises a full-fledged blockchain-powered system to represent physical items or data, with their own blockchain account (in contrast to a simple token). This “digital twin” can hold numerous information, and can be conjointly owned by digitally represented entities. This allow application in high-security supply chain and traceability as well as many other sectors.
We currently have four core products:
1) Scribe - Platform to secure documents, credentials or personal accreditations using blockchain. Example: Universities use LuxTag e-Scroll to issue diplomas on the blockchain allowing graduates and employers to verify authenticity of those certificates and academic credentials, and to include additional data i.e. transcripts.
2) Papyrus - Three-Tier: Basic, Pro, Enterprise: Basic & Pro are accessible via a self-service platform (Launches in May 2019) that allows small to medium manufacturers / artists / craftsman or the general public to tokenize their products on the blockchain. This allows immutable provenance, legacy and proof-of-ownership of their product. Papyrus enables natural user base growth and enhanced scalability of the LuxTag solution. The Papyrus Enterprise solution serves Luxury, Art and FMCG industries.
Papyrus comprises basAPI (the engine of LuxTag) and Application development.
3) Authentichain - A full on-chain tracking and traceability solution for manufacturers and regulators developed through partnership with DSS to deter counterfeiting and grey market transactions. This platform includes physical tags with special printing technology to tag & verify authenticity of products. The system is suitable for large volume of manufactured products. POC has been successfully launched.
4) basAPI (Blockchain-Asset-Security API Service) -
API as a Service: We offer an infrastructure service to software developers who wish to create digital representations of products or certificates of authenticity and ownership for assets on the blockchain via simple API calls. We offer options to use private, public or hybrid blockchain environment.
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LuxTag is Selected for SAP's First South East Asia Accelerator
New Straits Times 19/Aug/2019 - LuxTag alongside its partner Dagangnet featured
News Details: https://bit.ly/33JAxRH
Public Investment Offer Presentation
We will have a public session today to present our Investment Offer! Secure your spot in LuxTag’s success story by register here:
- Penang on 24th July 2019 - https://bit.ly/30qavRe
Thanks! See you there.
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