Blockticity, a platform using blockchain and AI to secure trade documents, has launched a custom Avalanche Layer-1 blockchain network using AvaCloud. As part of the transition, the company has migrated 45,000 existing Certificates of Authenticity (COAs) from the Avalanche C-Chain and minted 700,000 new COAs on its new mainnet. Together, these documents represent more than $1.2 billion worth of authenticated goods.
The move comes amid increasing regulatory attention to global trade from the U.S. Customs and international authorities. Blockticity’s digital COAs include metadata and verification features, replacing traditional PDF certificates with formats that support automation and auditability.
cryptonews.net