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$SWRM $GTXO TulsaLabs to Collaborate with GTX Corp

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Post# of 220
(Total Views: 361)
Posted On: 05/07/2021 2:34:41 PM
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Posted By: louied91
$SWRM $GTXO TulsaLabs to Collaborate with GTX Corp to Develop Blockchain Authentication and Security for its NFC Supply Chain Tracking Solutions

https://finance.yahoo.com/news/tulsalabs-coll...00874.html

Tulsa, OK, May 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- TulsaLabs, a division of AppSwarm, Corp. (OTC: SWRM), to develop blockchain solutions around GTX Corp's Near Field Communication (NFC) technology and GPS human and asset tracking platform; (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS human and asset tracking systems and a supplier of Health and Safety medical supplies and devices, announces collaboration with “GTX.”

GTX Corp previously utilized a third-party provider, which is no longer in business, for its Blockchain authentication will begin working with TulsaLabs on developing and vertically integrating blockchain technology into its track and trace solutions to increase transparency, security, compliance, provenance, and automated administrative operations using smart contracts.

“Where supply chain management has become hyper important in our post-pandemic recovery, making sure perishable foods, beverages and pharmaceuticals such as vaccines which require, authentication, chain of custody, temperature control, and transparent visibility throughout the transportation process are managed seamlessly and securely by utilizing blockchain technology,” stated Patrick Bertagna, GTX Corp CEO.

GTX Corp's NFC Veritap solution provides real-time temperature sensing and data logging across the supply chain necessary for the transportation of perishables; food, drinks, pharmaceuticals, and other temperature-sensitive products that can be negatively affected by conditions in transit. These built-in security measures can prevent the distribution of contaminated supplies in the marketplace and unauthorized modification of data logs, allowing brands, retailers, distributors, and freight forwarders to verify shipment quality and authentication.

By accessing data from an API off current blockchain protocols, or private Hyperledger networks we look to provide a secure and safe, contactless connection of data about product origin, authentication, and certifications, throughout the entire GTX supply chain solution.

GTX also distributes an extensive line of wearable technology and Personal Protective Equipment “PPE”, owns and licenses a portfolio of patents in the GPS and wearable technology space, and is a GSA-approved military and government supplier. The Company’s products are available at its online store, Amazon, and global distribution partners. To find out more about how you can buy or become an authorized reseller of GTX products, contact GTX at info@gtxcorp.com


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