SMX (Security Matters) PLC (NASDAQ:SMX) Marking and Tracking Technology Drives Unparalleled Long-Term Growth and Value

Artificial intelligence is the revolutionary technology at the center of attention owing to its impact in various sectors on enhancing innovation and efficiencies. However, game-changing technology is not the only one expected to shape the world. In comes SMX (Security Matters) PLC. (NASDAQ: SMX), a company that promises to get rid of the superficial bar code technology for product marking, and enhance supply chain management.

SMX Unveils Game-Changing Technology Set to Transform Industries

Over the years, SMX has made a name for itself in developing and commercializing track and trace technologies. However, it’s only now that the company appears to be staring at a tremendous opportunity amid the challenges related to carbon neutrality. The need to make it easier for various companies in the value chain to mark, track and measure their products has triggered a significant demand for its proprietary technology.

The proprietary marking technology is already proving to be a hit with tremendous potential in providing means to invisibly mark plastics, precious metals, and liquids with unique signatures. It comprises a chemical-based barcode and hidden barcode system ideal for marking various objects, including solids, liquids, or gas.

The project edge stems from enhancing identification, circulation and proof of authenticity in supply chain management. Additionally, it promises to be of great help in helping fuel a low-carbon economy by improving supply chain management.

Transforming Supply Chain Marking

The technology has already made the company a global leader in transforming supply chain marking, tracking, and measuring. Its edge stems from allowing users or clients to see the entire history and composition of materials from a virgin to a recycled state. Consequently, it will enable clients to manage manufacturing challenges while addressing ESG concerns through recycling.

SMX achieving 100% year-to-date growth in commercialization, underscores the strong demand for tracking and measuring technology in various industries. As companies experience significant improvements in the way they manage supply chain operations and other complex challenges, the company remains well poised to generate significant revenues.

“Our clients are experiencing significant improvements in how they manage complex challenges, from ESG standards to escalating regulatory scrutiny in their supply chain management,” said SMX Chief Executive Officer, Haggai Alon. “From fashion to natural rubber to metals and minerals, SMX technology enables companies to mark and digitize physical materials onto a private blockchain platform. We are delivering clear, crisp, and transparent data tracking to significantly assist our clients’ transition into a low-carbon economy.”

Commercial Partnerships

Last year’s SMX inked a commercial relationship partnership with Sumitomo Corporation. The partnership is on course to unlock nearly $35 million in sales on Sumitomo using the proprietary technology to label nonferrous metals with geographical origination and link the same to blockchain technology.

Sumitomo, one of the largest trading companies, is to leverage proprietary marking and tracking technology to ensure ethical sourcing, recycling, and reuse of various metals in the mining industry. Its use is expected to enhance and popularize the technology in the $1.3 trillion nonferrous metals market.

“SMX has made critical inroads in penetrating vital industry segments and driving client adoption, and we expect the momentum to continue,” said Mr. Alon. “As with any innovation and technology breakthrough, it takes time to adopt and integrate. We are now seeing the beginnings of that adoption with clients integrating our technology into their supply chain management.”

In addition to the Sumitomo partnership, SMX has inked a commercial relationship with another manufacturer Continental AG. The partnership is poised to enable the use of proprietary technology in the entire supply chain involving natural rubber. While 90% of the global natural rubber is sourced from some of the world’s most threatened forests, SMX technology could play a role in helping address the issue.

With Consentient AG committing to a 100% sustainable carbon-neutral supply chain by 2050, SMX technology could help the company know in advance where its rubber is sourced. Consequently, it can only deal with rubber sourced from sustainable sources and not threatened forests. In Return, SMX should generate significant value on its technology being used to track nature in the various supply chains.

Mining Industry Opportunity

SMX plans to take its proprietary technology into the metal and mining industries to enhance its usage in tracking, marking, and measuring steel, gold, silver, and other metals. It is already in the process of creating a new subsidiary trueSilver and entering into an exclusive agreement with Sunshine Minting as it looks to create standards for ethical sourcing in the mining industry.

Its ultimate goal is to create a transparency and traceability path to track silver and other metals from the mine site to the final products. The idea is to ensure ethical mining and sourcing to address the needs of ESG-focused investors. SMX technology is to invisibly mark silver with a durable market allowing it to have a complete and transparent memory of its journey from mine to the marketplace and from recycling to reuse.

Transforming Plastic Waste: A Multibillion-Dollar Solution for Sustainable Management

Plastic waste has always been a pressing environmental catastrophe posing a significant danger to the ecosystems and life on earth. With millions of tons of plastic waste ending in oceans, landfills, and remote parts of the world, there have been calls for a better recycling system.

SMX cutting-edge track and trace technology, able to digitize physical objects on the blockchain, could be a game changer in the plastics recycling business. The company has already concluded trials of a plastic tracking system that promises to be a key driver of value for many years.

The tracking system comprises an industrial-grade identification authentication and sorting conveyor belt able to sort the different plastics into specific brands and types. The technology enables a high level of tracking and tracing throughout the lifecycle of plastic products. In return, it should pave the way for more effective sorting and recycling.

The company is already anticipating commercial deployment of the technology as companies dealing in plastics remain pressured to recycle plastics by authorities. Consequently, SMX stands to benefit the plastics industry by enhancing recycling to reduce waste and, in the process, generate significant value.

Bottom Line

With its proprietary tracking marking and measuring technology, SMX has made impressive strides in penetrating vital industry segments. The technology’s versatility means it can be used in a broad range of industries, from automotive to electronics to fashion and food, presenting a massive opportunity for value generation.

In addition, there is a tremendous market for SMX proprietary technology as brands resort to addressing multiple ESG issues and strive to create a culture of transparency and trust while pursuing sustainable growth. The increased partnership with some big players, including Sumitomo and AG continental, underscores the strong demand for the technology.

Likewise, the company is poised to continue unlocking new opportunities that should allow it to generate significant long-term value. As the adoption of technology in supply chain management accelerates, SMX is poised to generate substantial revenues and achieve profitability.