Supply Chain Transparency - Continental and SMX have successfully verified a marker substance for natural rubber in tires, enhancing transparency in the supply chain[1]. - The marker technology allows for the verification of the geographical origin of natural rubber, ensuring responsible sourcing throughout the production process[2]. - SMX is actively onboarding other major tire manufacturers to establish an industry standard for supply chain transparency[5]. - The implementation of marker technology is expected to make complex supply chain processes more transparent and verifiable[2]. Sustainability and Circularity - The collaboration with SMX focuses on improving sustainability and circularity in the natural rubber supply chain[5]. - By 2050, Continental expects all materials used in tire production to come from responsible sources[1]. Marker Technology and Innovation - A field test demonstrated that the marker substance remained intact during the tire manufacturing process, confirming its resilience[2]. - Continental plans to scale up the use of marker technology in rubber products and potentially integrate it with blockchain for enhanced monitoring[4]. - The SMX technology has been operational for over ten years in Israel, providing a proven solution for supply chain authentication and traceability[7]. - The marker technology aims to create a commoditized, tradable certified asset from recycled materials, addressing global waste issues[8].
Security Matters(SMX) - 2023 Q1 - Quarterly Report