VeriTX enables production to move beyond the traditional four walls of a factory to a decentralized network
The convergence of Industry 4.0 and web3 is changing how businesses interact. Margin pressures are driving traditional industrial companies to enter digital markets where cost of goods sold are minimized and operating margins are higher. Militaries and airlines are focused on “Up-Time” and VeriTX will enable airlines to increase up-time and reduce costs.
Having a more accurate view of a plane’s configuration and maintenance history could help reduce costs and losses related to downtime and unplanned maintenance, boost the value of planes in the secondary market and at the end of leases, and improve worker productivity.
Our EVS-4 Emergency Ventilation Solution 4
The VeriTX team opened their aperture during the early days of the COVID-19 pandemic to create solutions for the medical vertical. In addition to creating a blockchain enabled manufacturing solution for hard to get spare parts for critical medical equipment, the team designed and developed an innovative ventilation solution while on contract to the US DoD via a DPA Title III contract. VeriTX developed quite a bit of IP and has patents pending for the design.
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The convergence of Industry 4.0 and web3 is changing how businesses interact. Margin pressures are driving traditional industrial companies to enter digital markets where cost of goods sold are minimized and operating margins are higher. Airlines are focused on “Up-Time” and VeriTX will enable airlines to increase up-time and reduce costs.
Having a more accurate view of a plane’s configuration and maintenance history could help reduce costs and losses related to downtime and unplanned maintenance, boost the value of planes in the secondary market and at the end of leases, and improve worker productivity.
The strength of the VeriTX solution has been recognized from the onset as is evidenced by our growth and contract awards.
2021 SBIR Phase 3 for Trusted Data Fabric for Digital Supply Chains
2019 Downselect, Air Force Microelectronics Provenance Challenge
2020 SBIR, Trusted Digital Maintenance for the “Base and Depot of the Future”
2020 DOD DPA Title III, Emergency Ventilators
2020 Downselect, Enabling Technologies for Reverse Engineering and Additive / Agile Manufacturing Challenge.
