UCOT Australia Pty Ltd is a pioneering supply chain management ecosystem developed by specialized blockchain and IoT development company Ultimo Digital Technologies. The company's slogan, "UCOT is the world's first supply chain management ecosystem developed by specialized blockchain and IoT development," encapsulates its innovative approach. UCOT's primary offering is the provision of total traceability within the supply chain, empowering companies with real-time insights and independence from 3rd party reporting. Additionally, the end consumer can verify the authenticity of a product through scanning its packaging, ensuring it has not been tampered with or counterfeited during the chain of custody. With a foundation in small IoT sensors that interact with a secure blockchain database, UCOT provides comprehensive real-time traceability and monitors factors such as GPS data, environmental conditions, and potential tampering. In 2017, the Australian-based UCOT secured a significant $4.00M investment through a Private Equity Round, supported by Sapien Ventures and CollinStar. Its strategic focus on blockchain and Information Technology places it at the forefront of meeting the burgeoning demand for transparency within modern supply chains across various industries. With a foundation in cutting-edge technology and addressing critical industry needs, UCOT is poised to play a pivotal role in shaping the future of supply chain management.
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