"We help companies solve the problem of securely connecting their physical parts to their blockchain digital ledgers with a 2DMI mark that is laser-etched onto the identification plate, ranging in size from 0.1 mm by 0.1 mm to 5 mm by 5 mm," said iTRACE founder and CEO Mark Manning. Like fans watching a football game in the stands, these users can look at the scoreboard to see the same data simultaneously.
Each user that Honeywell allows has a copy of the database and knows its contents in real time. Honeywell's blockchain is a highly secure, decentralized database that is crowd-sourced by all its authorized users. Our work with Honeywell PMT, SecureMarking and iTRACE is bringing new levels of security to the aviation industry." "Our mission is to build the first aerospace marketplace that customers can confidently buy quality parts from.
#TOPCON ITRACE COST VERIFICATION#
"Honeywell is committed to enhancing part provenance and authenticity in aerospace part sales, and to provide transparency by storing digital verification records onto the blockchain ledger for all to see," said Lisa Butters, general manager of Honeywell's GoDirect Trade online marketplace. This data, along with the part's birth information, is recorded on Honeywell's digital blockchain ledger.īecause the two-factor authentication always follows the part from the time of installation until it is taken out of service, the results of this process are a reduction in counterfeit parts and a more dependable supply chain for manufacturers. Next, an invisible, high-security ink, provided by Honeywell's Performance Materials and Technologies (PMT) business and SecureMarking, a third-party authentication company, is applied.įinally, the iTRACE mobile app scans the 2D matrix and activates the digital authenticity record for the part. First, iTRACE's 2DMI data matrix is laser-etched onto the identification plate.
#TOPCON ITRACE COST FULL#
Customer shall also maintain adequate liability insurance to cover the full replacement value of the Loaner if necessary.Under the new process, the moment a part comes off the Honeywell assembly line, the identification plate receives a two-factor authentication marking. If Customer fails to follow these instructions, Customer shall be liable for any damage that occurs to Loaner during transit. Packing & Insurance. Topcon shall provide Customer instructions for packing the Loaner prior to return shipment.If Customer does not contact Topcon within 60 business days following receipt of a repaired unit, Customer will be charged for the current list price of the Loaner. If Customer does not contact Topcon within 10 business days following receipt of a repaired unit, Customer will be charged $150.00 for every business day that the Loaner remains at Customer’s location. Returns. Upon receipt of a repaired unit from Topcon, Customer shall immediately contact Topcon and ask Topcon to arrange for the return shipment of the Loaner.
#TOPCON ITRACE COST FREE#
If Topcon is responsible, Topcon shall repair or replace the Loaner free of charge.
If Customer is responsible for this damage, Customer shall reimburse Topcon for the cost of any repairs or replacement.
This fee will be indicated on the final repair invoice sent to Customer. If a service or repair order is not covered by an existing warranty, Topcon shall charge Customer a usage fee for the Loaner.
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