SMX ANNOUNCES THE SUCCESSFUL COMPLETION OF PROOF OF CONCEPT FOR ETHICAL SOURCING AND AUTHENTICATION OF SILVER IN COOPERATION WITH SMI
NEW YORK, April 15, 2024 /PRNewswire/ -- SMX (Security Matters) PLC (NASDAQ: SMX) (NASDAQ: SMXWW), a pioneer in digitizing physical objects for a circular economy, has announced today the successful completion of proof of concept for ethical sourcing and authentication of silver in cooperation with SMI.
- NEW YORK, April 15, 2024 /PRNewswire/ -- SMX (Security Matters) PLC (NASDAQ: SMX) (NASDAQ: SMXWW), a pioneer in digitizing physical objects for a circular economy, has announced today the successful completion of proof of concept for ethical sourcing and authentication of silver in cooperation with SMI.
- The program covered the marking of the silver raw material through continuous manufacturing processes to final products including recycling loops.
- SMX successfully implemented its Marking System across several batches of the silver at the melting stage and was able to differentiate marked from unmarked silver material, providing Brand authentication of the silver material.
- The SMX Marking System provided a non-destructive way of tracing, identifying, authenticating, and validating the marked silver.