Category: Supply Chain

Amazon has a counterfeit problem and VERITY has the solution

Verity | TRUTH MATTERS
Our Verity Seal Validates TRUTH to Retailers, Manufacturers, Producers, and Consumers by validating health, religious, country of origin, supply chain and marketing claims on components and products are genuine and TRUE.

Release
May 30, 2019 Cheyenne WY, Seattle WA USA

Verity | TRUTH MATTERS

Amazon has a counterfeit problem and VERITY has the solution for this problem.

Solution
Verity uses Blockchain, Artificial Intelligence (AI) and Internet of Things (IoT) to track trace, certify and verify products. Order here

Amazon’s third-party marketplace is full of independent sellers from a business perspective, the system works great for the e-commerce giant: Amazon sits back and collects fees from those sellers, whose sales on the platform continue to grow. In 2017, for the first time, more than half the products sold on Amazon came from those marketplace listings, rather than from Amazon itself it’s causing at a counterfeit problem for Amazon. Some of the independent third-party sellers have been using the marketplace and fulfilled by Amazon (FBA) as an opportunity to sell counterfeit, pirated and out of date products. The pressure on Amazon has been growing as brands such as Apple, Birkenstock and Louis Vuitton have lasted out for not being able to control the problem. Now, Amazon has acknowledged sales of counterfeits and pirated items as a risk in its annual earnings report to investors and the US securities and exchange commission.

SEC Link Below
Under the section of “risk factors” to the business, Amazon says it “could be liable” for the activities of its sellers, and explains:

Under our seller programs, we may be unable to prevent sellers from collecting payments, fraudulently or otherwise, when buyers never receive the products they ordered or when the products received are materially different from the sellers’ descriptions. We also may be unable to prevent sellers in our stores or through other stores from selling unlawful, counterfeit, pirated, or stolen goods, selling goods in an unlawful or unethical manner, violating the proprietary rights of others, or otherwise violating our policies. Under our A2Z Guarantee, we reimburse buyers for payments up to certain limits in these situations, and as our third-party seller sales grow, the cost of this program will increase and could negatively affect our operating results. In addition, to the extent any of this occurs, it could harm our business or damage our reputation and we could face civil or criminal liability for unlawful activities by our sellers.

Amazon adding third-party sales of fakes to its risk factors signals how big a problem the matter has become. In October 2018, the American Apparel and Footwear Association, a large industry trade group representing more than 1,000 brands, even asked the Office of the United States Trade Representative to add some of Amazon’s overseas marketplaces to the list of “notorious markets” it compiles each year. The list has included markets such as China’s Taobao, which has a reputation of being rife with fakes.

Source documents:
https://www.wired.com/story/amazon-fake-products-project-zero/
https://www.forbes.com/sites/wadeshepard/2017/12/13/how-to-protect-your-family-from-dangerous-fakes-on-amazon-this-holiday-season/
https://qz.com/1542839/amazon-has-finally-admitted-to-investors-that-it-has-a-counterfeit-problem/

VERITY has an exclusive agreement with Chinese Wholly Owned Company EPEM: https://www.1p1m.cn to provide all Country of Origin Labeling “COOL” verification and validation services regarding imports into China with “Made in USA and Product of USA Certified®” claims, to help balance out and provide transparency for the U.S. | China Trade deficit and all COOL claims Tags, Made in USA Certified®, Product of USA Certified®, Made in China Certified™, President Donald Trump, President Xi JinPing, U.S. China Trade Deficit, Amazon.

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Verity International Ltd. 1712 Pioneer Ave Suite 500 Cheyenne, WY 82001
Ph: +1561.279.2855 press@verity.bz Contact Us

US-China Trade Deficit Relief with | VERITY-EPEM (CHINA) Agreement

 

 

 

 

US-China Trade Deficit Relief with | VERITY-EPEM (CHINA) Agreement

Press Release 01.08.2019 Boca Raton Florida USA, Beijing China.

VERITY International, Ltd. has recently engaged in an agreement with EPEM (1) for an exclusive provision and Agreement (2) to validate and provide custom Made in USA Certified® and Product of USA Certified® Country of Origin Labeling “COOL Claims for US-made products and services through industry-leading verification and validation services regarding imports into China.

Providing balance and transparency for the U.S. | China Trade deficit both Presidents U.S. Donald Trump and China Xi Jinping are working to narrow.

The Advanced Technology from this the Joint Venture will be to provide COOL verification for both import and export from the Chinese market for complete transparency using Internet of Things (IoT), Blockchain and Artificial Intelligence (AI).

 

 

 

 

 

(1) EPEM is a wholly owned subsidiary of the Chinese Government Commercial Network Construction and Development Center.

(2)  Agreement is exclusive for verification and validation services for the official “Made in China Certified™” claim to increase the perceived quality and brand of Chinese products in the international market.

Included in agreement VERITY has an exclusive provision to provide all Country of Origin COOL verification and validation services regarding imports into China with “Made in USA and Product of USA Certified” claims, to help balance out and provide transparency for the U.S. | China Trade deficit and all COOL claims

Tags, Made in USA Certified®, Product of USA Certified®, Made in China Certified, President Donald Trump, President Xi JinPing, U.S. China Trade Deficit

 

Verity:  http://verity.bz
EPEM: http://www.1p1m.cn
Press Contact press@verity.bz
Phone: 561.279.2855

VERITY | Chinese Govt | Made in USA

VERITY TRUTH MATTERS

Verity International Ltd. has executed a Monumental Strategic Partnership Agreement with China-based EPEM Electronic Technology Co., Ltd, (EPEM). EPEM is a subsidiary of the Chinese Government Commercial Network Construction and Development Center.

Office pic epem
Bejing China

This Agreement is exclusive for verification and validation services for the official “Made in China Certified” claim to increase the perceived quality and brand of Chinese products in the international market. 

Included in this agreement VERITY has an exclusive provision to provide all Country of Origin COOL verification and validation services regarding imports into China with “Made in USA and Product of USA Certified” claims, to help balance out and provide transparency for the U.S. | China Trade deficit and all COOL claims examples: Made in Canada, Made in Australia, Made in Italy and many more, for import into the Chinese market to provide product transparency using Internet of Things (IoT), Blockchain and Artificial Intelligence (AI). 

Product of USA Certified Made in USA Certified Seal

Press Release Link:

Contact info:

Adam Reiser
561.279.2855
press@verity.bz
http://verity.bz

Cannabis Track and Trace Solutions on The Blockchain

Untitled drawing (3)Verity One USA, Inc., a Wyoming based systems integration company, has released a production-ready global supply chain management solution for the legal cannabis industry.

Verity is currently negotiating with substantial marijuana quality assurance labs, distributors, and regulators about initiating its Cannabis supply chain solution, with a focus on compliance with industry-specific requirements.

Verity cites interoperability with legacy systems, onboarding of new participants, as well as defective product recall capabilities as among the planned capabilities of the new blockchain platform. Verity will be able to track and trace Cannabis using unique digital signatures on the blockchain. This provides consumers and distributors with authenticated, immutable data on place of origin, quality assurance, and regulatory compliance for their Cannabis.

Adam Reiser CEO of Verity, systems integration expert, and blockchain pioneer said:

“ The emerging Cannabis industry demands a proven track and trace product management solution with a combination of legacy, blockchain, and artificial intelligence systems. The first visible use case of blockchain was Bitcoin (BTC), but the ideal application of blockchain is supply chain management for categories like Cannabis, prescription drugs, food safety and country of origin labeling.”

Blockchain technology has already been actively deployed in agriculture and food supply chains by industry giants like Walmart and IBM, but the Cannabis industry has remained untouched. For instance, IBM launched its blockchain-based food tracking network “Food Trust” to connect independent parties within the food industry earlier this month. During the August 2017 trial period, IBM partnered with companies of various sizes like Nestle, Dole Food Co., Driscoll’s Inc., Golden State Foods, Kroger, McCormick, Tyson Foods, and Walmart.

Furthermore, U.S. retail titan Walmart has given all its vegetable suppliers a 2019 deadline to join the Food Trust blockchain platform developed by IBM. The blockchain, in the case of agriculture and food, is meant to provide traceability, particularly in cases of disease outbreaks and Verity believes this technology is a perfect fit for the emerging Cannabis industry.

 

 

Governments Could Learn To Love Blockchain As a Tax Collector

Boca Raton, Florida; New York, New York; London, United Kingdom

Verity has developed a Hybrid system Blockchain, (AI) Artificial Intelligence, and (IoT) Internet of Things technology platform, called Verity One™, to track and trace each individual pack of cigarettes.

Continue reading “Governments Could Learn To Love Blockchain As a Tax Collector”

USDA’s School Lunch program must now comply with the recently signed E.O. 13788

Buy American Act Certified
Buy American Act Certified

On April 18th, 2017, President Donald Trump signed Executive Order #13788 into effect reinforcing the Buy American Act and requiring the US government to start implementing more ‘Buy American and Hire American’ policies with additional scrutiny. This not only affects manufacturers/vendors that sell to the US government, but also farmers that supply produce to school districts, government facilities, and more. More specifically, the USDA’s School Lunch program must now comply with the recently signed EO by discontinuing waivers and preferring procurement from US Farmers.

With EO #13788 following its scheduled timeline, there is increasing pressure for the U.S. Government to implement more scrutinized procurement policies regarding the Buy American Act (BAA). Luckily, there is an easy solution for farmers to proactively meet and exceed increased procurement regulations.

Continue reading “USDA’s School Lunch program must now comply with the recently signed E.O. 13788”

Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.

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Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.

With Marijuana listed as a Schedule 1 drug in the United States, business owners and growers face strict Federal restrictions. These governmental commerce restrictions pose issues to brand owners and growers wishing to protect their personal Marijuana brands (strains) with trademarks Albeit, some states have begun adopting their own policies regarding Marijuana commerce and trade, the United States Patent and Trade Office (USPTO) presumes ultimate control in distributing trademarks and brand protection.

A trademark is a word, phrase, symbol, or design, or combination of words, phrases, symbols, or designs, that identifies and distinguishes the source of goods of one party from those of others1.  Ultimately, a trademark offers an incredible value-add to brand owners using a brand name that is recognized by consumers which therefore drives customers to their business. Business owners/growers seeking to protect their personalized crops or bring legitimacy to commonly known strains face issues in providing customers with strain and crop assurance due to these strict regulations on Marijuana commerce. Continue reading “Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.”