SMX (Security Matters) Public Limited Company provides molecular marking and digital traceability technology for physical materials across supply chains. Company updates focus on embedded invisible markers, secure digital records, authentication, recycled-content verification, chain-of-custody data, and the use of material identity systems in plastics, metals, textiles, precious materials, and other industrial inputs.
Recent developments also center on the Digital Material Passport Platform, which connects marked materials to persistent digital records for origin, composition, lifecycle history, compliance reporting, and material sorting. SMX news commonly links these systems to circular-economy infrastructure, verified recycled plastics, audit-grade documentation, and tokenization concepts for real-world industrial materials.
On March 10, 2023, SMX (Security Matters) announced that its joint venture, trueGold Consortium, received accreditation from the London Bullion Market Association (LBMA) for its ethical gold supply chain assurance platform. This platform promotes transparency in the gold value chain, from mining to market. It was recognized as the only solution implementing a full lifecycle marking system for ethical assurance. The LBMA aims to bolster governance and mitigate the risk of fraudulent gold bars in the market. trueGold's technology enhances ESG verification and supports responsible mining practices and transparency across the gold supply chain.
SMX (NASDAQ: SMX, SMXWW) has filed a patent with the U.S. Patent and Trademark Office aimed at enhancing visibility and accountability in aluminum alloy products. This blockchain-enabled technology offers lifecycle accounting through molecular-level marking, ensuring traceability and authentication of materials without compromising their properties. The scalable platform targets industrial sectors, including automotive and construction, to meet ethical sourcing and recycling needs. SMX's solution addresses sustainability challenges in the aluminum industry, promoting efficient reuse and recycling, while creating a tradable certified asset for recycled materials.
SMX has signed an exclusive global distribution agreement with Sumitomo Corporation to market its technologies in the Non-Ferrous Metals market, aiming for US$35 million in sales. SMX's technology enhances transparency in supply chains by invisibly marking metals for origins verification, potentially linking it to blockchain for improved traceability. This partnership is focused on promoting ethical sourcing and recycling, contributing to a sustainable circular economy. SMX is dedicated to reducing waste and carbon footprints, while their technology has been operational in Israel for over a decade.