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Blockticity Launches Avalanche-Powered L1 to Authenticate $1.2 Billion + in Global Trade

  • Blockticity launched a custom Avalanche Layer 1 network via AvaCloud to authenticate over $1.2 billion in global trade.
  • The platform migrated 45,000 Certificates of Authenticity (COAs) to its mainnet and minted 700,000 new COAs.
  • Blockticity's tamper-evident COAs aim to enhance trust and compliance in global trade, addressing document fraud issues.
  • The platform's COAs replace static PDFs with programmable, AI-ready documentation.
  • This launch responds to increased scrutiny from U.S. Customs and global regulators.
  • Blockticity follows ASTM blockchain standards and focuses on compliance and automation in trade flows.
  • By leveraging Avalanche, Blockticity provides transparency and scalability for enterprise adoption.
  • The company plans to mint 650,000 COAs by June 2025 and serves industries like coffee, medical goods, and critical minerals.
  • Avalanche, known for high performance and scalability, supports the creation of efficient public and private layer 1 blockchains.
  • Avalanche enables fast, low-cost development of decentralized applications (dApps) and appeals to blockchain innovators.

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