# Trace by Gate2Chain

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### Project Overview

* **Product:** Trace
* **Company Name:** Gate2Chain (in partnership with IBM)
* **Website URL:** <https://www.gate2chain.com/>
* **Industry:** Supply Chain Traceability, Luxury Goods, Food & Fashion, Enterprise Data Integrity
* **Geographic Reach:** Global (headquartered in London, development in Mallorca)
* **BSV Integration Start Date:** 2022
* **Status:** depreciated in 2026

### Business Challenge

**Existing inefficiencies/risks:**

* Rampant counterfeiting and product theft
* Lack of transparency in product sourcing and ownership
* Inability to verify sustainability or ethical claims
* Complex, siloed supply chains and inefficient record-keeping

**Why traditional systems failed:**

* Centralized systems prone to data tampering or inaccessibility
* High costs and limited scalability
* No native mechanisms for immutable digital records or ownership verification

### Why BSV Blockchain?

**Ideal fit due to:**

* Massively scalable protocol (essential for millions of transactions/year)
* Extremely low transaction fees enabling digital twin creation at scale
* Public verifiability and legal compliance for enterprise trust
* Data integrity and tokenization capabilities embedded into the platform

**Comparison:**

* Gate2Chain explicitly chose BSV over other chains due to its stable protocol, no need for native tokens, and suitability for fiat use and enterprise integration

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### Solution Architecture

**Platform:** Trace, built on top of the Gate2Chain Suite

**Key components:**

* **Tokenization:** Digital twins for any product (e.g., watches, garments, food ingredients)
* **Data logging:** Blockchain-stamped records for ownership, origin, and sustainability credentials
* **Smart contracts:** Used for tracking events, updates, and ownership changes

**Partners:**

* **IBM:** Co-development partner; provided enterprise-grade integration, architecture design, and global reach
* **Studio Plus:** Helped extend Trace to sports industry audiences

### Implementation Process

**Rollout:**

* Initial pilots in luxury fashion (Cortana) and culinary events (Michelin-starred chef Ollie Dabbous)
* Demonstrated digital twin functionality at VIP Dining Experience in May 2023

**Integration:**

* APIs for connecting to ERP and CRM systems
* Wallet infrastructure and Metanet tree protocols for data organization

**Stakeholder onboarding:**

* Businesses onboard via Storynvalue.com (SMEs) or Tracestamp.net (enterprises)
* User-friendly dashboard for real-time monitoring and event logging

### Outcomes & Business Impact

**Quantifiable improvements:**

* Elimination of counterfeit-related revenue loss (e.g., securing $1.2M watches)
* Increased consumer trust in ethical sourcing and sustainability
* Streamlined compliance with emerging EU regulations (digital product passports)

**Before vs After:**

* Manual documents and unverifiable records → Immutable blockchain certificates and real-time data sync

**Stakeholder feedback:**

* Enterprises gain operational efficiencies and enhanced brand value

### Challenges & Mitigations

**Challenges:**

* Changing misconceptions about blockchain in enterprise
* Integrating blockchain into legacy systems without disrupting workflows

**BSV Mitigations:**

* BSV’s fiat compatibility and no native token model eliminated volatility concerns
* Use of APIs and SDKs ensured seamless back-end integration

### Future Vision

**Expansion:**

* Rollout to art, automotive, pharmaceutical, and real estate sectors
* Cross-border traceability for global supply chains

**Planned functionalities:**

* NFT tagging for premium collectibles
* Micropayment support for pay-per-use scenarios or usage tracking
* Broader adoption of digital product passports as regulation increases

### Testimonial Highlights

"Trace brings certainty. Trace adds value."

– Jessica Jaume, Gate2Chain

“We believe solutions like Trace can drive trust and traceability across industries.”

– Dr. Agata Slater, IBM

“If an item is stolen, marking the digital twin as stolen renders the item useless to the thief, much like a stolen credit card becomes ineffective.”

– Bart Olivares, CEO, Gate2Chain