Startup Blockticity aims to solve the fraud plaguing the certification industry by using NFTs to prove authenticity across the supply chain.
Thousands of certificates proving the authenticity of roughly $275 million worth of psychedelic mushrooms, hemp and kratom have been minted as NFTs, according to a statement.
The process involved ACS Laboratory first testing the products and then issuing a COA. Then Blockticity created a QR code of the COA which it minted as an NFT using Avalanche's C-Chain.
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