Spain
Vestigia is a Blockchain startup based in Spain that aims to automate control of products in the supply chain in order to eliminate operational risk. The company's platform utilizes Blockchain technology to automate and connect the entire supply chain, making operational decisions to prevent risks and maintain the reputation of clients. Vestigia uses specially designed IoT elements powered with AI to ensure the control and traceability of goods from raw material suppliers to end customers, thus eliminating the possibility of fraud and counterfeit.
The company's platform also streamlines administrative processes and non-value-added work through smart contracts and AI, ultimately increasing operational performance and reducing costs. Vestigia's universal API connects existing software and IoT elements to Blockchain, fostering trust among all participants in the procurement, production, distribution, and sale processes.
Founded in 2018, Vestigia focuses on addressing visibility issues, fraud, and counterfeiting in the supply chain while simultaneously reducing operational costs. Their use of Blockchain technology and crypto-tags ensures the secure and resilient exchange of information throughout the supply chain. While specific details about Vestigia's funding, investors, and latest investment are not currently available, the company's innovative approach to supply chain management positions it as an intriguing prospect for potential investors seeking to capitalize on the capabilities of Blockchain and IoT in enhancing operational efficiency and risk management.
