Venture Block partners with ISBC Innovations to provide blockchain solutions for RFID

Venture Block Pte. Ltd has partnered with RFID tech company ISBC Innovations (ISBC) to provide blockchain solutions to radio-frequency identification card products

Venture Block offers blockchain software solutions mainly targeting the financial and technology industries. Through the ISBC partnership, Venture Block aims to use its expertise in blockchain technology to enhance the products of ISBC.

The ISBC manufactures patented RFID paper products, access control, multifunctional wearables and security systems. The biggest security challenge it faces is counterfeiting and current anti-counterfeiting solutions on the market have been fallible due to reliance on centralised systems to verify authenticity.

Venture Block seeks to eliminate these challenges by adding RFID smart paper security hangtags, labels, and certificates that are verified through blockchain technology, a decentralised system, to provide an additional layer of security that is easily verifiable.