SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares are trading higher premarket on Monday. The company leverages a unique combination of chemical-based barcodes and blockchain technology to create "digital twins," enabling full tracking, tracing, and verification of materials throughout their lifecycle.
This innovation supports the transition to a circular economy. Through successful proof-of-concept partnerships with global brands like PepsiCo, Brink's, Continental, and Intel, SMX has proven its ability to secure supply chains and prevent tampering across various materials, including metals, fabrics, and even motherboards.
Its partnership with Intel demonstrated how SMX enhances product security by combating counterfeiting and unauthorized alterations, opening doors for further collaborations.
SMX's digital twin technology enables transparency, efficient resource use, and verified sustainability, helping to close gaps in fragmented recycling regulations.
By improving supply chain traceability, it empowers stakeholders to make decisions that prioritize circularity, addressing systemic barriers to effective recycling.
Last week, the company unveiled an integration of its technology to mark and protect NFC and RFID chips.
This solution aims to reduce risks of counterfeiting, tampering, and supply chain vulnerabilities.
Price Action: SMX shares are up 29.77% at $0.4586 premarket at the last check Monday.
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