Blockchain for ICT Supply Chain Security

The  Information Communications Technology (ICT) industry annually sells approximately $140B in counterfeit parts resulting in 6.5% of ICT products having counterfeit parts and nearly 20% of mobile phones shipped being fake. The key takeaway: our ICT infrastructure is in desperate need of network and product security.

The Universal Communication Identifier (UCID™) goes beyond current standards that concentrate solely on organizational information security and are not specific enough to address potential security vulnerabilities in the supply chain.