SMX Enhances Fairness in Global Trade with Traceability Tools

Tariffs have become a strategic tool in global trade, reshaping competition and economic priorities. While they can support fair trade, proper enforcement is essential. SMX (Security Matters) plays a crucial role by offering traceability solutions to verify product claims, ensuring tariffs function as intended. Their technology embeds molecular markers in goods, providing a verifiable identity for materials throughout their lifecycle.

Governments are modernizing customs and linking tariffs to environmental metrics, but enforcement still relies heavily on paperwork. SMX addresses this gap, ensuring that products' physical characteristics match documentation, thereby reducing potential discrepancies.

SMX's infrastructure doesn't set policies or calculate duties; it strengthens policy enforcement by offering tamper-proof verification. In doing so, it aids customs officials and producers in adhering to complex trade regulations. As a foundational layer, SMX ensures that fairness in trade remains a priority through innovative traceability.