Connect with us

IT Industry

Akerna Joins Forces with solo sciences to Create Transparency & Accountability in Response to Recent Vaping Deaths

GlobeNewswire

Published

on

Reading Time: 4 minutes

Both companies are teaming up to enable brands to track seed-to-sale and engage consumers to easily verify the authenticity of individual product units

DENVER, Sept. 19, 2019 (GLOBE NEWSWIRE) — Akerna Corp. (Nasdaq: KERN), a leading seed-to-sale regulatory compliance technology provider and developer of the cannabis industry’s first enterprise resource planning (ERP) software technology (MJ Platform®), announced today its exclusive partnership with solo sciences, inc., developer of the world’s first cryptographically-secure cannabis product authentication system. Together, they generate an unprecedented level of transparency and accountability to consumer packaged goods that drives product safety and consumer protection from counterfeit products by integrating the patented solo* tech platform with Akerna’s service offerings–MJ Platform and Leaf Data Systems.

The number of vaping-related casualties and illnesses continue to rise even weeks after the first headlines. There are now seven deaths and 380 cases in 36 states and the U.S. Virgin Islands. The State of California alone has reported 73 suspected cases and is the only state to record more than one death.

“Product and public safety through reliable traceability drove the creation of MJ Platform. Cannabis product tracking down to the gram level provides built-in transparency into the growing, processing, distribution and selling of cannabis products,” said Jessica Billingsley, Chief Executive Officer at Akerna. “The integration of solo sciences’ elevated tagging technology provides the first robust method for communicating everything we know about cannabis through our tracking – ingredients, nutrients, additives and more – to the consumer.

solo sciences’ goal is to protect the entire supply chain, from seed to shelf, for the brands that have spent millions crafting products and packaging to the consumers using their products. Solo sciences mission is to protect the growing population of consumers and prioritize safety in the marketplace.

Akerna’s MJ Platform and solo*CODE™: integrated innovative technology for consumers and brands, brings a consumer-facing mark designed to highlight authenticity and signify transparency.

  • MJ Platform – Akerna’s seed-to-sale system, provides transparency and accountability throughout the product lifecycle, capturing every interaction with the plant or product from cultivation to sales. Visibility is now extended to customers with the integration of the solo*CODE.
     
  • solo*CODE (a unique graphic ID or “fingerprint” for each package) can be directly integrated into ready-for-sale products, scanned via a free mobile app available to the public to validate product authenticity and provide accurate information about the product’s life-cycle while enabling the consumers to earn rewards across retailers and give feedback directly to the brand.
     
  • solo* mobile-first, patented tech platform leverages the power of today’s mobile devices by allowing the solo* app to scan the proprietary solo*CODE graphic mark to create a cryptographically secure closed-loop authentication system.

Akerna’s Leaf Data Systems and solo*TAG™ – an innovative, next generation solution for state governments to securely track product and waste throughout the supply chain. Leaf Data systems track and trace software provides:

  • Real-time data to cannabis cultivators, infused product producers, dispensaries and collectives; tightly integrated with solo*TAG. 
  • More transparency and accountability with Leaf Data’s closed loop between governments and licensees that eliminates alternate data collection sources, which reduces error, improves security and increases accountability. The advanced technology is also assigned to each plant, batch, inventory item and provides a chain-of-custody from seed-to-self for detailed transparency.
  • Less cost to licensees through solo science’s patented solo*TAG, a unique digital fingerprint that eliminates the need for expensive technologies like holograms and RFID. The solo*TAG can also cost a fraction of the cost of current tagging technology, reducing some of the compliance cost burden for cannabis licensees.
  • Mobile capabilities with solo*TAG being mobile-app enabled, Leaf Data is now the first mobile-enabled, seed-to-sale government traceability platform for cannabis businesses and for regulatory bodies.

Leaf Data currently supports state cannabis program operations that generate $722-million in taxes.The solution provided between Akerna Corp and solo sciences has recently been selected by the Utah Department of Health and Department of Agriculture as the tracking software used statewide for the newly approved medicinal cannabis program. As part of the deal, all Utah licensees — retail, wholesale, cultivation and manufacturing — will be required to use Leaf Data and solo*TAG for seed-to-sale tracking. As partners, Leaf Data and solo*TAG ensure the instant traceability of cannabis products. The move advances state regulations and ushers in a heightened level of consumer safety.

“Together with Akerna, we have simplified the work regulators and brands must do to protect consumer health because we have the ability to follow the product from creation to consumer,” said Ashesh “Alex” Shah, solo sciences’ founder and CEO. “Akerna’s creation of a transparent supply chain for one of the fastest emerging markets allows us to create trust in an industry that’s historically been so murky.”

To date, solo sciences’ has secured partnerships with 53 cannabis brands and is expected to ship more than 9M encoded units in 2019. Over the next year, the company plans to expand its reach, partnerships and packaging operations to become the new standard for cannabis authentication.

About Akerna Corp.
Akerna (Nasdaq: KERN) is a regulatory compliance technology company in the cannabis space. The cornerstones of Akerna’s service offerings are MJ Platform® and Leaf Data Systems®, which are highly-versatile platforms that provide clients and government entities with a central data management system for tracking regulated cannabis products—from seed to product to shelf to customer—through the complete supply chain. Since establishment in 2010, the company has tracked more than $16 billion in cannabis sales across 14 countries and has served clients in 29 states across the U.S. As part of its business strategy, Akerna intends to grow through targeted, strategic acquisitions that are complementary to its current business and organically by accelerating its product development efforts. Akerna is based in Denver. More information is available online at www.akerna.com.

About solo sciences, inc
Boston-based solo sciences provides next-generation anti-counterfeiting technology fused with a direct communication system between brands and consumers via solo*, its proprietary technology offerings, comprised of solo*TAG™ for supply-chain validation, a consumer-facing solo*CODE™ cryptographically secure trust mark, solo* mobile app, patented solo*ID®, and AI-driven backend system.

The solo sciences mission is to build confidence and establish trust among consumers, while enabling retailers and distributors to close the loop with creators and producers. For more information, visit solosciences.com.

Akerna Media Contact
Jeannette Horton / Kimberly Brock
press@akerna.com

solo sciences Media Contact
Kayla Abbassi
VSC on behalf of solo sciences
kayla@vscconsulting.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

IT Industry

IDEX begins deliveries of its dual-interface sensor to world class electronics manufacturer

GlobeNewswire

Published

on

Reading Time: 1 minute

Oslo, Norway, 15 October 2019: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has received a purchase order and initiated production ramp preparations to fulfill a multi-year order commitment signed with a leading provider of global financial news and IT services, as announced in April this year.

As part of this multimillion-dollar commitment IDEX is supplying its dual-interface sensors to one of the world’s largest electronics manufacturing service companies in order to qualify their manufacturing process; a critical step in any ramp-up process.

Stan Swearingen, CEO of IDEX Biometrics comments: “This is an exciting time for IDEX as we gear up volume production with our partners in what will be a cutting-edge, secure access solution. We now expect a regular flow of purchase orders from this customer and look forward to being an integral part of the rollout of their enhanced biometric security solutions”.

For further information contact:
Stuart Hunt, Head of Investor Relations & Communications
+44 (0)1276 534 632

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.

For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Continue Reading

IT Industry

Global e∙dentity™ files its third formal USPTO 37CFR1.290 request in six months against Apple AAPL (NASDAQ)

GlobeNewswire

Published

on

Reading Time: 1 minute

WILMINGTON, Del., Oct. 15, 2019 (GLOBE NEWSWIRE) — Global e∙dentity™, founded by Robert Adams, U.S. Navy veteran who along with the most amazing engineers & team, have developed and patented the next generation of identity protocol methods, has now filed its third 37CFR1.290 request with the USPTO within in six months against Apple; the formal third-party review request with the USPTO is in opposition to Apple newest patent application 16/262032 published on September 12, 2019. Adams stated that Global e∙dentity™ had “no choice, and once again, file a new third-party action with the USPTO in response to Apple’s latest published patent application.”  USPTO new third party filing is noted on the Global e·dentity™ website: https://www.globaledentity.com/third-party-review-uspto3/

Global e∙dentity™ was featured on Featured on KRON4 — San Francisco Bay Area’s Local TV www.globaledentity.com/2019/06/22/kron4-apple-intellectual-property-theft-and-patent-violations with regards the first of two third-party actions with the USPTO against Apple.  Adams continued, “We are indeed flattered that Apple has now filed, not one, not two, but now a third patent application based on our already patented technology 10,135,822 Biometric authentication of individuals utilizing characteristics of bone and blood vessel structures and its continuation patents.   Having said that, the key question remains: Why did Apple fail to inform the USPTO they had in their possession per their request, all of our trade secrets and provisional patent as early as March/April 2017 when negotiations started between representatives of Apple and Global e∙dentity?”

Global e·dentity™, is young well-funded tech start-up company with national security applications in mind; providing secure multi-factor biometric and digital identity solutions. For more information, visit www.globaledentity.com. Global e·dentity™ and product are either registered trademarks or trademarks of You are the ID ™ LLC in the United States and/or other countries.

For more information, press only: Sophia Miller  sophiam@globaledentity.com

Continue Reading

IT Industry

Digia Plc will publish its business review January-September 2019 on October 31, 2019

GlobeNewswire

Published

on

Reading Time: 1 minute

Digia Plc
Investor News
15 October 2019 at 09:00 am


Digia Plc will publish its business review January-September 2019 on Thursday 31 October at 8:00 am EET (GMT +2). After the publishing the report is available on: https://digia.com/en/investors/stock-exchange-releases/.

Timo Levoranta, President & CEO, and Kristiina Simola, CFO, will present the financial results in Finnish at an analyst and press conference in Helsinki on Thursday, October 31, 2019 at 11.00 am (EET). The conference will take place at Business Meeting Park in Helsinki (address: Forum, Mannerheimintie 20 B, 6th floor. Entrance from the glass corner of Mannerheimintie and Simonkatu).

The material and presentation for the event will be available from 11 am on October 31, 2019 in the Investors section of the company’s website: www.digia.com/en/investors/reports-and-presentations.

Digia Oyj
Timo Levoranta, CEO


Additional information:

Kristiina Simola, CFO, tel. +358 40 756 3132

Distribution:
Nasdaq Helsinki
Key media
digia.com

Digia is a software and service company that helps its customers renew themselves digitally. There are more than 1,200 of us working at Digia. Our roots are in Finland and we operate with our customers in Finland and abroad. world. We are building a world in which digitalisation makes a difference. Digia net sales were EUR 112.1 million in 2018. The company is listed on Nasdaq Helsinki (DIGIA). digia.com

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off