US-China Trade Deficit Relief with | VERITY-EPEM (CHINA) Agreement
Verity International Ltd. has executed a Monumental Strategic Partnership Agreement with China-based EPEM Electronic Technology Co., Ltd, (EPEM). EPEM is a subsidiary of the Chinese Government Commercial Network Construction and Development Center.
This Agreement is exclusive for verification and validation services for the official “Made in China Certified” claim to increase the perceived quality and brand of Chinese products in the international market.
Included in this agreement VERITY has an exclusive provision to provide all Country of Origin COOL verification and validation services regarding imports into China with “Made in USA and Product of USA Certified” claims, to help balance out and provide transparency for the U.S. | China Trade deficit and all COOL claims examples: Made in Canada, Made in Australia, Made in Italy and many more, for import into the Chinese market to provide product transparency using Internet of Things (IoT), Blockchain and Artificial Intelligence (AI).
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Verity One USA, Inc., a Wyoming based systems integration company, has released a production-ready global supply chain management solution for the legal cannabis industry.
Verity is currently negotiating with substantial marijuana quality assurance labs, distributors, and regulators about initiating its Cannabis supply chain solution, with a focus on compliance with industry-specific requirements.
Verity cites interoperability with legacy systems, onboarding of new participants, as well as defective product recall capabilities as among the planned capabilities of the new blockchain platform. Verity will be able to track and trace Cannabis using unique digital signatures on the blockchain. This provides consumers and distributors with authenticated, immutable data on place of origin, quality assurance, and regulatory compliance for their Cannabis.
Adam Reiser CEO of Verity, systems integration expert, and blockchain pioneer said:
“ The emerging Cannabis industry demands a proven track and trace product management solution with a combination of legacy, blockchain, and artificial intelligence systems. The first visible use case of blockchain was Bitcoin (BTC), but the ideal application of blockchain is supply chain management for categories like Cannabis, prescription drugs, food safety and country of origin labeling.”
Three Senate Democrats have directed a letter to the Federal Trade Commission (FTC) insisting it fully enforce its “Made in the USA” labeling standards in the aftermath of recent agency decisions to settle with companies that allegedly marketed foreign-made goods as domestically produced.
Sen. Sherrod Brown of Ohio, Sen. Chris Murphy of Connecticut and Sen. Tammy Baldwin of Wisconsin drafted a memorandum to the FTC on Monday stating they were concerned about recent agency decisions to reach “no-fault, no-money” settlements with companies alleged to have sold imported equipment under a “Made in the USA” label, instead of pursuing fines and admissions of guilt from the firms involved.
“The commission plays a critical role in ensuring that American-made products are truly Made in America,” the senators wrote. “We urge you to require the companies in these cases to pay fines and admit they lied.”
The senators demanded that the FTC use its regulatory authority to enforce the labeling standards, saying that its failure to do so was both diminishing the value and reputation of the “Made in the USA” label and hurting American manufacturers. Firms who maintain the integrity to produce “Made in USA” products deserve to be recognized, and those who do not deserve to be prosecuted if they fraudulently claim to be “Made in USA” in hopes of charging a premium.
“Consumers view American-made goods more positively and are often willing to pay a higher price for them,” the senators wrote. “In addition, consumers may be less likely to have health or quality concerns about a product when its true country of origin is concealed.”
Boca Raton, Florida; New York, New York; London, United Kingdom
Verity has developed a Hybrid system Blockchain, (AI) Artificial Intelligence, and (IoT) Internet of Things technology platform, called Verity One™, to track and trace each individual pack of cigarettes.
Verity International LTD, said, “In order to comply with the EU mandate requiring tobacco companies to employ a system that assures tax revenues and eliminates counterfeiting, Using its powerful and scalable Blockchain and Artificial Intelligence platform, Verity will be able to millions+ packages of cigarettes per day, potentially making us the largest user of the Blockchain measured by transactions per day. Working with Verity, respective EU tax authorities will be able to confirm that all applicable taxes have been paid using an immutable, distributed ledger. The Verity One™ system will also reduce smuggled, diverted and counterfeit tobacco products, improving the safety of consumers. The tobacco industry and Verity will blaze a new trail for consumers, companies, and governments to adopt and use the Blockchain, generating more transparency, revenue, and compliance with the law.”
“I think government officials responsible for collecting tax stamp revenue in every country will sit up and take notice of what Verity is doing, and this may cause them to get warmer and friendlier with the crypto community. In the future, as more federal and state revenues are collected using Distributed Ledger Technology, I think governments will fall in love with the Blockchain. said Alex Lightman, Chief Legitimacy Officer at Verity and author of ‘Brave New Unwired World’, the first book on 4G Wireless.
About the EU government mandate:
On December 15, 2017, the EU Commission published a mandate that all tobacco companies establish an EU-wide track and trace system for the legal supply chain of tobacco products, governmental taxing and distribution requirements set forth by the EU 2019 Tobacco Track and Trace mandate to ensure that all tobacco products sold are genuine. This will guard against smuggling, counterfeiting, diversion, and verifies that all appropriate tax revenue has been collected on each individual tobacco product through an immutable system of record keeping.
With state officials eyeing $56 billion of wind farm projects off the American coastline, developers are worried the turbines will need to be stamped with a big “Made in the U.S.A.”
Each structure is enormous — almost half the height of the Empire State Building. Most all of them are constructed in Europe, at least for now. As states in the U.S. Northeast jump into wind power, they’re betting they can create their own windmill industry. It’ll be a costly but perhaps necessary move, especially as President Donald Trump pushes for more factory jobs and picks fights with those making parts abroad.
“There’s no way of hiding that every single state, be it here in the U.S. or be it countries in Europe, are insisting on everything sort of being local,” said Henrik Poulsen, CEO of Orsted A/S, the Danish company that is the world’s largest offshore-wind developer. “It is an equation that’s very difficult to solve without the whole technology becoming much more expensive.”
Initially, the cost of offshore wind farms will be 45% more than those built in Europe, partly because much of the equipment will have to be imported, according to Bloomberg New Energy Finance. The viability of any new projects will require long-term supply agreements that guarantee developers can sell their power at above-market rates, BNEF said.
The Federal Trade Commission (“FTC”) has continued to aggressively prosecute advertisers for making “Made in USA” claims that the FTC believes are deceptive. Since President Trump’s inauguration, the FTC has entered into at least three settlement agreements with advertisers involving “Made in USA” claims and has issued closing letters in at least 20 other cases. In order to make an unqualified “Made in USA” claim about a product, the FTC requires that the advertiser substantiate that the product was “all or virtually all” made in the United States.
In the FTC’s case against iSpring Water Systems, LLC, a Georgia-based distributor of water filtration systems, the FTC alleged that iSpring made unqualified claims that its products were made in the United States, despite the fact that its products were wholly imported or had a significant amount of foreign inputs.
The second FTC case involved Block Division, Inc., a Texas-based distributor of pulley block systems. Here, the FTC alleged that Block Division’s pulleys featured imported steel plates that were stamped “Made in USA” prior to the plates’ entry into the United States.
In its third and most recent case, the FTC alleged that Bollman Hat Company and its wholly owned subsidiary SaveAnAmericanJob, LLC (“Bollman”) misled consumers about whether their products were manufactured in the United States. Specifically, the FTC alleged that Bollman marketed hats with statements such as “Made in USA since 1868,” and “#buyamerican.” Despite these claims, the FTC alleged that more than 70% of the hat styles sold by Respondents were wholly imported as finished products. The FTC also alleged that Bollman licensed its “American Made Matters” seal to other companies for use in connection with the marketing of their own products without doing sufficient due diligence to ensure that the products were, in fact, made in the United States. The FTC alleged that Bollman only required that third parties who wished to use the American Made Matters seal self-certify that at least 50% of the cost of at least one of its products was incurred in the United States, with final assembly or transformation in the United States.
These cases – and the twenty other investigations that resulted in closing letters – are an important reminder that advertisers should exercise caution to ensure that their “Made in USA” claims comply with FTC standards.
On April 18th, 2017, President Donald Trump signed Executive Order #13788 into effect reinforcing the Buy American Act and requiring the US government to start implementing more ‘Buy American and Hire American’ policies with additional scrutiny. This not only affects manufacturers/vendors that sell to the US government, but also farmers that supply produce to school districts, government facilities, and more. More specifically, the USDA’s School Lunch program must now comply with the recently signed EO by discontinuing waivers and preferring procurement from US Farmers.
With EO #13788 following its scheduled timeline, there is increasing pressure for the U.S. Government to implement more scrutinized procurement policies regarding the Buy American Act (BAA). Luckily, there is an easy solution for farmers to proactively meet and exceed increased procurement regulations.
Certified, Inc. is the international leader in Country of Origin verification and supply chain management, exceeding guidelines set by the Federal Trade Commissions for Made in, Service in, Product of, and Grown in USA Claims. Certified, Inc. is making it simple and affordable for businesses, farmers, and growers to comply. Certified, Inc. maintains a Managed Services Provider (MSP) platform using the latest technologies, such as hyperledger Blockchain, IBM’s Watson Artificial Intelligence (AI), and Internet of Things (IoT) devices.
Certified, Inc. is also an international Tier-1 UPC Code Database Provider with the capabilities of providing a PLU (Product Lookup) and UPC (Universal Product Code) designation along with GPS (Global Positioning Service) to a specific brand, business or farm to start the chain of custody. Certified uses its Blockchain, IoT and Verity technologies to trace produce from farm to table.
Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.
With Marijuana listed as a Schedule 1 drug in the United States, business owners and growers face strict Federal restrictions. These governmental commerce restrictions pose issues to brand owners and growers wishing to protect their personal Marijuana brands (strains) with trademarks Albeit, some states have begun adopting their own policies regarding Marijuana commerce and trade, the United States Patent and Trade Office (USPTO) presumes ultimate control in distributing trademarks and brand protection.
A trademark is a word, phrase, symbol, or design, or combination of words, phrases, symbols, or designs, that identifies and distinguishes the source of goods of one party from those of others1. Ultimately, a trademark offers an incredible value-add to brand owners using a brand name that is recognized by consumers which therefore drives customers to their business. Business owners/growers seeking to protect their personalized crops or bring legitimacy to commonly known strains face issues in providing customers with strain and crop assurance due to these strict regulations on Marijuana commerce.
Certified, Inc. offers a solution to business owners/growers pursuing Marijuana brand (strain) authentication by assisting brand owners validating their brands. Certified is a World Wide Tier-1 UPC Code Database Provider with the capabilities of providing a UPC code to a specific Marijuana brand (strain), providing a live commerce example to help document and register the strain. Certified, Inc. uses blockchain technology to hold brand owners accountable for the validity of their strains using the shared hyperledger that is accessible to any authorized user on the network.
Pricing is very affordable with a setup fee of $274 and a $25 monthly licensing fee, a brand owner can register their Marijuana brand (strain) obtain a UPC code to obtain a Marijuana Commerce registration Sign-up: https://goo.gl/GsGJM7