SMX (Security Matters) PLC recently announced a $5 million contract with R&I Trading of New York. This project (spearheaded by the SMX team) will deploy SMX’s cutting-edge technology to enhance supply chain transparency with respect to a NATO member state and with the expectation of expanding to further NATO member states.
This new deal with R&I Trading aims to set new standards in brand protection, authentication, ethical sourcing, and origination, specifically for the Fast-Moving Consumer Goods (FMCG) sector, including Beverage and Pharmaceutical industries. And SMX’s innovative approach will enable NATO member states to ensure the integrity and transparency of their supply chains, reflecting the company’s commitment to ethical business practices and technological innovation.
SMX’s initiative is a testament to its dedication to providing solutions that advance its technology and promote ethical, sustainable, and transparent business practices across industries and international borders.
KEY QUOTE:
“We are excited to enter into this agreement with SMX. We believe that their technology is exactly what the industry needs to ensure transparency and security in global supply chains.”
— The President of R&I Trading
