Avalanche cryptocurrency is a platform developed by Ava Labs, which allows anyone to create their own multifunctional blockchains and decentralized applications (dApps). The system is designed to eliminate some of the limitations of older platforms, including low transaction speed, centralization and scalability. To do this, the project uses its own innovations. First of all, they include the unique Avalanche consensus protocol, which shows low latency, high throughput and resistance to attacks.

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Blockticity, a blockchain-based product certification system built on Avalanche, aims to help address the $4.5T worth of counterfeit goods flowing through the world’s economy each year.

1️⃣ Blockticity has already minted certifications on Avalanche for goods totaling over $275M.

2️⃣ This first minting covers hemp, psychedelic mushrooms, and kratom products for ACS Laboratory, one of the largest hemp and cannabis labs in the U.S.

3️⃣ Blockticity prints a QR code on the products following third-party testing. This code links to a Certificate of Analysis, minted as an Avalanche NFT.

Learn more here: 
https://www.avax.network/blog/blockticity-mints-275m-in-hemp-and-other-product-certifications-on-avalanche