Description
UCID™ pairs blockchain verification technology with industries most exposed to counterfeit hardware and supply chain security risks, addressing an ICT industry that sells roughly $140B in counterfeit parts annually (with 6.5% of ICT products containing counterfeit parts and nearly 20% of shipped mobile phones being fake). Its capabilities include software licensing verification (checking software bill-of-materials against cybersecurity vulnerability databases), geotracking (using Interlife™ spatial engineering technology in partnership with Rypplzz to add geolocation data and geofenced management to provisioned equipment), and supply chain management (hardware and software bill-of-material tracking, counterfeit device detection, and software remediation monitoring). The service targets ICT companies, mobile network operators, government bodies, and finance organizations, and is developed by Total Network Services (TNS).