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These ASX blockchain companies are leading the distributed ledger race
Tech
4 hours ago | Staff Writer




There are multiple companies on the ASX that have blockchain as part of their operations.

Some have embraced blockchain more than others – making it a core part of their solution. Some have even dipped their toes in the water and backed away.

So which companies have doubled down on the technology? And what disruptions are they using it for?
And what companies appear to only have their toe in the water?


Dedicated ASX blockchain companies

Security Matters (ASX:SMX) is using its technology to track and trace the supply chain.
Its technology invisibly marks any solid, liquid or gas using a chemical-based barcode.

This can then be “read” using a unique proprietary reader, allowing the product to be tracked throughout the supply chain. The information is all stored on the blockchain, ensuring absolute security and transparency globally.

It is collaborating on a number of projects including addressing plastic contamination in the agriculture industry, embedding its markers into seeds to provide product protection of seeds throughout the supply chain, a trial with an identity solutions provider to enhance the security and reliability of identity documents, and is investigating using its technology in the mining industry to ensure ethical supply.