PtagChain
Powered by Concordium

E-Fulfillment, reinvented.

One secure tag, anchored on-chain: authenticate the product, track it end-to-end, keep its quality with IoT sensors — and settle payment in a single tap.

AuthenticateTrack end-to-endIoT qualityStablecoin payments

Chat with our AI — it scopes your product and sends a brief straight to the team.

one tap → verifiable settlement
$tap → verify → settle · on Concordium
{
  "buyer":    "zkp:verified",
  "product":  "genuine · tamper-ok",
  "parcel":   "PT-8f3c2d…",
  "yield":    "+€0.23  (6% APY)",
  "settle":   "released → seller"
}

One tamper-proof tag, bound to Concordium, does four jobs at once: it proves the product is genuine, tracks it end-to-end, keeps its condition with IoT sensors, and settles payment.

Zero-Knowledge Proof identity
Stablecoin payments & in-transit yield
Product authenticity track & trace
Immutable record keeping on Concordium
The concept

One tag. Four jobs. End to end.

Put a single tamper-proof Provenance Tag on a product and bind it to Concordium. From that one tag you get authentication, real-time track & trace, IoT quality monitoring, and stablecoin payment — no separate systems, one verifiable on-chain record.

Authenticate
Prove it’s genuine, detect tampering
Track & Trace
Follow it end-to-end, on-chain
IoT quality
Temperature, humidity, shock in transit
Pay
Stablecoin settlement with in-transit yield
on-chain tagAuthenticategenuine · tamper-proofTrack & Traceend-to-end, on-chainIoT qualitytemp · humidity · shockPaystablecoin + yield
The challenge

Global e-fulfillment leaks money and trust.

Four problems tax every cross-border shipment — before the box even arrives.

01

High transaction costs

Credit-card fees, cross-border charges and interbank transfers stack up on every sale.

02

Cumbersome ID verification

Manual checks at delivery are slow, error-prone and add labour cost.

03

Authenticity doubts

No simple way to confirm product origin or prevent fraud on the doorstep.

04

Idle funds

Payments are locked upfront and sit idle in transit — missing out on yield.

Our solution

A single-tap process, programmable on Concordium.

Stablecoins, identity and provenance, wired together — with schedules, multiparty locks and yield split at the base layer.

S1

Smart logic

Stablecoins returned to buyers or released to sellers based on conditions, using multiparty locks.

S2

Programmable

Programmable on the Concordium base layer — schedules, yield split and release rules.

S3

One tap

Smartphone ZKP identity verification, fund release and product authenticity in a single tap.

S4

Track & trace

Parcels tracked from A to B with deep tag validation at the recipient.

How it works

Tag it. Ship it. Tap to settle.

01
Tag assignment

Each parcel gets a Provenance Tag that binds product, payment and shipping data together.

02
In-transit yield

The buyer’s payment is held in stablecoins, accruing yield while the package is in transit.

03
One-scan delivery

ZKP verifies identity, programmable logic confirms conditions, then releases funds + yield.

The journey — every step written to Concordium
Tag & authenticateShip & trackMonitor qualityVerify (ZKP)Settle + yieldConcordium ledger
Core products

End-to-end, in four building blocks.

Digital Product Passport

DPP

A verifiable digital certificate for every product — origin, production, materials and ownership — ready for the coming EU DPP mandate.

  • Tag → NFT → on-chain record
  • Origin, production & ownership history
  • EU DPP-ready

Track & Trace

Track & Trace

Follow a product or parcel from dispatch to delivery in real time, with deep tag validation at the recipient.

  • Real-time A→B visibility
  • Deep tag validation at handover
  • Tamper & geofence alerts

Stablecoin Payments

Stablecoins

Programmable stablecoin settlement with ZKP identity, multiparty locks and in-transit yield — money that releases on delivery.

  • Programmable release & schedules
  • In-transit yield on idle funds
  • ZKP identity at settlement

IoT & Sensors

IoT

GPS and sensor telemetry — temperature, humidity, impact — logged on-chain, with proven tracking devices for any asset.

  • GPS + environmental sensors
  • On-chain telemetry
  • Oyster · Yabby · Barra devices
Key benefits

Cheaper, faster, provably authentic.

Cost savings

Reduction in transaction and handling costs on every shipment.

Faster handover

One-scan ZKP ID checks replace slow manual verification.

Enhanced security

Immutable records plus a built-in identity layer on Concordium.

Product confidence

Guaranteed authenticity and full product data at the tap of a phone.

Financial efficiency

Earn yield on stablecoin funds while goods are in transit.

Programmable payments

Return funds to buyers or release to sellers on predefined logic and dates.

Use cases · track & trace

Follow any asset, end-to-end.

Beyond the tag, ruggedised trackers from Digital Matter add GPS and sensor telemetry for equipment, freight, returnables and more — logged on-chain.

Oyster
Digital Matter
  • GPS · BLE · Edge · Global
  • Longest battery life
  • Widest functional range
Yabby
Digital Matter
  • GPS · Edge
  • Smallest form factor
  • Collar housing option
Barra
Digital Matter
  • GPS · Edge · Core
  • Best cost-to-performance
  • Magnetic activation + tamper
Freight & Logistics

Indoor/outdoor visibility, non-powered trailer management and route-deviation alerts, with roaming SIM.

Oyster3-Global · Oyster-Edge · Barra-Edge
Equipment

Maximise utilisation, prevent theft and plan maintenance — geofences, after-hours, run-hours, tip detection.

Oyster3-4G · Barra-GPS-4G · Yabby3-4G
Medical Equipment

Availability, anti-theft and take-home management — private WiFi lookups, geofences, high-G, trip start/end.

Barra-Core-NB
Packaging & Returnables

Returnable-asset visibility with movement alerts, impact detection and temperature monitoring.

Barra-Core-NB · Barra-Edge · Yabby-Edge
Waste Management

Tip detection, fill-level monitoring, movement alerts, geofences and compliance.

Barra-GPS-4G · Yabby3-4G · Oyster-Edge-4G
Animals & Livestock

Visibility, geofence alerts, theft prevention and recovery — periodic and man-down modes.

Yabby3-4G + Collar · Oyster3-Global
Tool Tracking

Inventory visibility, utilisation, rental and theft prevention — after-hours, run-hours, Bluetooth scanning.

Barra-Edge · Yabby-Edge · Oyster-Edge
Cable Drums

Rotation counting for accurate usage, plus geofences and tamper detection.

Barra-GPS-4G · Oyster3-Global
Cost comparison

Net ~€2.38 saved per €200 shipment.

Even after our €0.25 fee and the €0.35 tag, lower transaction fees and in-transit yield beat card-and-bank fulfilment — and the saving can be split between parties in the yield programme.

AspectTraditionalPtagChainNet
Physical tag cost
€0~€0.35€0.35
Transaction fee
card ~1.5% + cross-border vs on-chain + PTAGS
~€3.00~€0.25−€2.75
In-transit yield
6% APY on €200 over ~7 days
€0~€0.23−€0.23
Solution cost
paid by seller to us
€0~€0.25+€0.25
Net saving~€2.38
Key takeaway

Sellers come out ahead per shipment versus card payments — and carriers cut manual ID-verification cost too, making it attractive on both sides of the delivery.

*€200 is an overall average; some products cost more, others less.

Technology status

Built, tested, and already in production.

Provenance Tags is live on Concordium with a mobile SDK, an IoT solution in the field, and a validated tag stack.

1M+
NFTs minted on Concordium
50M+
transactions processed
Live
IoT solution in production
SDK
mobile SDK for smartphone scanning
Superior protective features
  • Unique, unclonable architecture
  • Proximity-based mutual authentication — tag must be physically present
  • Tamper-detection wires alert on unauthorised opening
  • Self-destructive material shatters on removal attempts
  • Private-key encryption safeguards data integrity
  • Reading limited to specially authorised apps
  • Silent mode disables automatic smartphone discovery
  • Irreversible locking and remote disable (kill)
  • Default secure binding to a digital NFT on Concordium
  • Works alongside existing 2D matrix codes and barcodes
Global market potential
161B
global parcel volume, 2024
Pitney Bowes Parcel Shipping Index
441M
daily parcel shipments
6% CAGR and growing
22M
our 5-year daily goal
capture 5% of global daily shipments
Clients & partners

Trusted where authenticity counts.

Selected clients & references
Novo Nordisk
Pharma · compliance & quality
LEO Pharma
Pharma
Roche
Pharma
AGC Biologics
Biologics · CDMO
Vestas
Energy · asset tracking
PROxID
Digital product passport
Les Cinq Filles
Wine & spirits provenance
Technology & ecosystem partners
ConcordiumLayer-1 blockchain
FujitsuTrack & trace and DPP
Digital MatterTracking devices
IdentivRFID
Niels Soerensen
Founder

At the intersection of AI, blockchain and cryptography in regulated industries — turning advanced concepts into systems that ship, scale, and pass audit.

Thirty years across IT and the pharmaceutical industry, working to secure medicine supply chains in the regions worst hit by counterfeit drugs — a problem that costs hundreds of thousands of lives.

That work became Provenance Tags: tamper-proof, on-chain tags that make any product’s origin, journey and authenticity verifiable at a tap — now extended into payments and track & trace.

Niels Soerensen
Founder & CEO · Provenance Tags

Transform your product authentication and payments.

Tell us your industry and we’ll tailor a Provenance Tags + Concordium solution — tags, DPP, track & trace, and stablecoin settlement.

Email us