Pyx supports paper too

If the progress of traceable and transparent supply chains - from cotton farm to t-shirt or lithium mine to battery - depended on every actor achieving digital maturity, progress would stall. We endorse digital verifiable credentials anchored to self-sovereign identities, and we recognise that ubiquitous uptake will take time. Our approaches allow supply chain actors to leverage existing paper certificates and processes until such time as they are able and willing to uplift their digital maturity.

Pyx protects privacy

As supply chain traceability and transparency measures scale from pilots to production volumes, there is a risk that commercially confidential information such as customer lists or pricing is exposed along with ESG claims. If supply chain actors are not empowered to redact sensitive information while exposing ESG claims, then they will be reluctant to participate at scale. The Trust Architectures empower each supply chain actor to redact any information they deem sensitive whilst still maintaining the integrity of ESG claims.

Pyx does not define more standards

Providing the tools to map between standards allows ESG claims made by a supplier against one set of standards or regulations to be understood through the lens of other applicable standards & regulations in buyer markets. We can do this because we maintain the world’s largest database of sustainability standards and regulations as well as the AI tools to leverage that information to map your sustainability claims. In doing this, they can then be reused to assess your compliance against other standards or regulations.

Pyx codes link the digital to the physical

As the commercial incentives to meet ESG criteria increase, so will the temptation to swap genuine articles for cheaper and less sustainable products. Product substitution and mass-balance fraud are mechanisms by which fraudulent actors can present high-integrity digital data but attach it to unsustainable products. Pyx codes provide an ultra-scalable and ultra-low cost way to irrevocably link the physical products to their digital twins. Pyx codes also provide a powerful, scalable, and low-cost anti-counterfeiting solution.

Pyx empowers communities

Despite the plethora of technology solutions in the marketplace, only a tiny proportion of actual shipped products are accompanied by the traceability and transparency information needed to assure sustainable practices. Scaling from pilots to full production volumes will require behaviour changes by millions of supply chain actors. We cannot drive that change on our own. We believe that existing communities such as industry associations, local regulators, and ESG advocacy groups are best positioned to help their members plug into sustainable supply chains. Pyx tools are focused on helping communities to help themselves.