ComponentCert employs blockchain technology to record a unique digital identity for each reusable electronic component.

As components are harvested, each is tagged with a QR code linked to its digital ledger.

This ledger records repairs, origin, ownership changes, and quality certifications as immutable entries.

Partners in the supply chain access these records via a secure platform, ensuring transparency and trust.

API integrations facilitate connections with existing inventory and compliance systems.

This decentralization removes potential data manipulation risks, providing a strong assurance that the component details are authentic and up-to-date.

By using blockchain, ComponentCert guarantees tamper-proof tracking of components, fostering trust within the secondary market and reducing compliance hurdles.

This solution allows refurbishers and manufacturers to authenticate component history efficiently, thus lowering insurance and warranty risks while boosting consumer confidence in reused parts.

The core technology of blockchain is mature and offers the necessary security and transparency features.

Costs would include initial development and integration with supply chain systems.

Regulatory compliance would primarily focus on data privacy standards within the Eurozone, aligning with the GDPR.