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Tag: Verofax

Verofax facilitates Egyptian EU Export with CBAM Compliance and Lifecycle Assessment Solutions

Egyptian Businessmen's Association (EBA) convenes export symposium on February 9 CAIRO, Feb 15, 2024 - (ACN Newswire) - The Egyptian Businessmen's Association (EBA) convened a symposium...

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Verofax wins GITEX Supernova Web3 & Blockchain Award 2023

DUBAI, Nov 1, 2023 - (ACN Newswire) - Verofax, an innovator in Brand & Retail solutions, was selected among 521 startups globally as the best...

Verofax wins GITEX Supernova Web3 & Blockchain Award 2023

DUBAI, Nov 1, 2023 - (ACN Newswire) - Verofax, an innovator in Brand & Retail solutions, was selected among 521 startups globally as the...

BANTgo and Verofax Team Up to Revolutionize E-waste Collection Through Tokenized Rewards

DUBAI, Oct 24, 2023 - (ACN Newswire) - In an ambitious stride towards environmental sustainability, BANTgo and Verofax have announced a pioneering collaboration to...

Verofax’ Transformative Brand & Retail Martech Solution achieves FTR approval on Amazon AWS Marketplace

DUBAI, Aug 25, 2023 - (JCN Newswire) - Verofax, an award-winning Brand & Retail Martech solution provider, has been awarded AWS' Full Technical Review...

AWS Approves And Lists Verofax Martech Solution For Brands & Retail On Global Marketplace

DUBAI, Aug 25, 2023 - (ACN Newswire) - Verofax, an award-winning Brand & Retail Martech service provider, achieved Full Technical Review (FTR) approval on Amazon Web Services (AWS)...

Verofax to raise US$750,000 on Beban Crowdfunding Platform

- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions...

Verofax Wins Artificial Intelligence Award at LEAP23

ABU DHABI, UAE, Feb 17, 2023 - (ACN Newswire) - Verofax, the leading MarTech solution for marketing and operational efficiencies, was crowned the winner...

Verofax partners Twin Science and LikeToBe to Sponsor Antarctic Research on Sustainability

LONDON, Jan 31, 2022 - (ACN Newswire) - Verofax, a Smart serialization and traceability solution provider, has joined forces with children's STEM app Twin Science and LikeToBe in sponsoring a scientific expedition to Antarctica to research the effects of microplastics on life, the environment and the melting of ice caps.

Verofax, Twin & LikeToBe sponsored an expedition to Antarctica in December. Led by Antony Jinman, the team spent 2 months gathering data on microplastics and the effect on environment and wildlife, while talking to children via the Twin Science app.

The aim of the expedition is encouraging children to act responsibly through education, with responsible consumption in line with the UNSDG #12, and through Gamification, turning children into advocates of sustainability for influencing older generations.

Verofax, Twin Science and LikeToBe share the common aim of providing "Tech for humanity", and partnered in support of the scientific expedition to Antarctica. Polar Explorer Antony Jinman, the twelfth Briton to have skied to the geographic North Pole and skied solo to the geographic South Pole, led the expedition in December 2021, and spent 2 months in Antarctica gathering data on how microplastics are affecting the environment and wildlife.

The aim of this partnership's collaboration is to inspire young children to act responsibly by re-educating them on responsible consumption in line with UNSDG goal #12, through gamification and turning children into advocates of sustainability for influencing older generations.

Antony documented the expedition and answered children's questions in a series of interactive videos via the Twin Science app for children aged 7-12, hoping to encourage them to seek answers to questions such as "What are Microplastics, where do they come from and how does it affect life and the environment?", "What would happen to the Antarctic habitat if all the ice caps melted?" and "What can we all do as responsible individuals?"

"This expedition to Antarctica is really promising and aims to provide insights on microplastics impact on life and the environment," stated Antony. "We are happy to be partnering with Twin Science and Verofax to engage children on the expedition and the many challenges we faced to collect scientific evidence. Twin Science' in-app education and Verofax' sustainable lifestyle tracker are great vehicles to drive awareness on how to act responsibly and opt for greener choices."

Wassim Merheby, CEO of Verofax, explained, "Our solution enables transparency and auditability on consumer goods' sustainable credentials. Sustainable brands can now engage with consumers and retailers and upsell their certified "Green" range of products, while retailers and consumers are empowered to check and validate product lifecycle assessment before purchasing, interact with the product and advocate sustainable brands among peers. We believe this process begins naturally with sustainable education for youth, and as gamification which is a very powerful medium."

Asude Altintas, CEO and co-founder of Twin Science, says "This is a new approach to education. First, it excites us immensely to bring young 'Twinners' through our Twin Science app, along for this incredible journey to Antarctica and have them overcome challenges with Antony in real-time. Secondly, with Verofax, we want to not just tell, but show children how real climate change is, and that they themselves can take action to combat this.

"In the Twin app, all our content aims to show children how to use STEM for good, and we believe this is a great opportunity to do so. To date, we have had over 500,000 children use our STEM kits and STEM apps or attend our STEM workshops, and we have seen them use their know-how to invent earthquake detectors, reforestation robots, or ocean cleaning ships. We hope that what they experience on this journey will inspire them to revert the effects of climate change one day."

Prof Dr Ger Graus OBE, the Project and Education Advisor to this partnership, explained, "As someone who is a firm believer in introducing children to the wonderful role models who provide inspiration and aspiration, I am confident in this partnership's ability to have true social, environmental, and sustainable impact."

Expedition to Antarctica at https://twitter.com/twin_science/status/1475195508738170884.

About Verofax

Founded in 2018, Verofax blockchain-powered 'Traceability as a Service' solution enables brands to validate their sustainability claims with a repository of credentials, while bringing their products to life with unique digital IDs offering immersive customer experiences. Verofax helps brands to upsell their sustainable product range based on sustainable rating metrics, which includes 6 data points in line with UNSDG Goal No.12.

Verofax Limited has received investment from global investors such as Benson Oak Ventures, Wami Capital and 500 Startups, totalling $3.0M. Verofax is a Microsoft Gold partner, co-selling on enterprise solution platforms such as Microsoft AppSource, Amazon AWS and Alibaba's AntChain. For more information, visit https://www.verofax.com/industries/sustainability/ or Email info@verofax.com.

About Twin

Twin Science & Robotics is a new-generation edtech startup that empowers children with 21st century skills and provides STEM education with a humanitarian perspective through its physical and digital products. The company started within the scope of YGA's World Science Movement, a social responsibility project that organized science workshops throughout Anatolia. Twin was incorporated in October 2017 and has raised $2.5M seed-round to date. Staying loyal to its NGO roots, Twin donates part of its revenue to social responsibility projects. For more information, visit https://www.twinscience.com/en/what-is-climate-change-for-kids/.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comVerofax, a Smart serialization and traceability solution provider, has joined forces with children's STEM app Twin Science & Robotics, in sponsoring a scientific expedition to Antarctica to research the effects of microplastics on life, the environment and the melting of ice caps.

MoU Between Verofax Asia and Distichain to Enable Empowered Digital Global Trade

DUBAI / KUALA LUMPUR, Jan 21, 2022 - (ACN Newswire) - Under the patronage of YB Tan Sri Datuk Seri Panglima Haji Annuar Bin Musa, Malaysian Minister of Communications and Multimedia, and with the participation of Malaysia Digital Economy Corporation (MDEC), a Memorandum of Understanding (MoU) was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr. Haisam Jamal, CEO of Distichain. The event took place at the Address Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.



The aim of the MoU is to create the first digital ASEAN B2B cross-border trade platform to facilitate a potential of RM 50 Billion Malaysian trade internationally with seamless digital transactions over the next 5 to 10 years. The collaboration between Distichain and Verofax Asia will offer a platform that delivers Digital B2B marketplaces as a service (MAAS) to enterprises by offering full marketplaces or through API integration.

Using blockchain and AI as core technologies, the platform digitizes global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. The solution enables suppliers to readily plug their catalogs, update product data, manage routes and orders, verify documentation and access aggregate financing and logistics all in one place. This unique platform that simplifies, secures, and empowers every participant in a trade.

"The signing of this MoU is an important step for Distichain's ambition to continue the further development and expansion of its solution. We are especially pleased to be taking this step alongside our partner Verofax Asia, and impact the ASEAN trading industry with rapid digital transformation through our one-day marketplace activation approach," said Mr Haisam Jamal.

Captain Koh added, "This platform will instantly digitalize the entire export and import process in governmental, non-governmental enterprises as well as SMEs. It will generate low-cost opportunity to digitize processes, introduce trade finance and automate supply-chain across all industries, accelerating economic growth in Malaysia and the ASEAN region. Through this partnership agreement signed today, we will further develop our technologies to meet the ongoing digitalization of international trade. Verofax Asia will have a massive impact on the performances of exports and imports with rapid digitalization, all the while building a resilient digital infrastructure and foster innovation for the recently signed Regional Comprehensive Economic Participation (RCEP) Trade Agreement, which came into effect on 1st January 2022."

About Verofax:
Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide 'Traceability as a Service', enabling brands to turn their offline products interactive, and manage their entire supply chain to trace goods, fend off counterfeit activities, and improve manufacturers' productivity. Brands can extend their reach directly to end-consumers, thereby increasing consumer intimacy with direct engagement, and leveraging the boom in NFTs and metaverse experiences. Visit: www.verofax.com, or Email: info@verofax.com.

About Distichain:
Distichain delivers B2B marketplaces as a service (MAAS) to customers using blockchain and AI, digitizing global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. SMEs and enterprises alike benefit from automated transactions governed by the system to deliver door-to-door border agnostic trading, with on-platform trade compliance present rules. Using smart contracts, Distichain ensures the highest levels of data privacy, and by connecting to innovative solutions within Fintech and Supply Chain, it facilitates transactions backed by instant trade finance with zero email trading. Distichain's objectives are to simplify cross-border trading, secure end-to-end transactions, and empower decision-makers with real-time AI analytics. Visit: www.distichain.com, or Email: info@distichain.com.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAn MoU was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr.Haisam Jamal, CEO of Distichain. The event took place in the Address Hotel Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.

Tracer and Verofax usher Food Traceability and Sustainability in UAE with Blockchain-based Management Platform

DUBAI, UAE, Nov 5, 2021 - (ACN Newswire) - Tracer Tech, headquartered in Sharjah Research Technology and Innovation Park (SRTIP), UAE, is set to...

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