About
Propree operates a social platform that allows producers and consumers to join forces to fight counterfeiting. The technology is built on a blockchain infrastructure with embedded artificial intelligence. Propree's solution enhances a track-and-trace approach by usingnew technology combined with the network power of social media. The main agent in the process is the end-user whochecks the product for authenticity. The user only needs to have a smartphone with Propree's application installed on it, and to authenticate the product users point their smartphone at the label's unique number/barcode. The application will retrieve the tracking history of theproduct and display it to the user.
Company Intelligence Q&A
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- What is Propree's primary business activity?
- Propree operates a social platform designed to combat counterfeiting by enabling producers and consumers to collaborate. The platform utilizes blockchain infrastructure and artificial intelligence.
- When was Propree founded?
- Propree was founded in October 2016.
- What is Propree's current operational status?
- Propree is currently inactive, as of March 2017.
- Where is Propree's headquarters located?
- Propree's headquarters is located in Modi'in-Maccabim-Re'ut, Israel.
- What technology does Propree incorporate into its solution?
- Propree's technology is built on a blockchain infrastructure with embedded artificial intelligence to enhance its track-and-trace approach.
- How does Propree's solution work for end-users?
- End-users authenticate products by pointing their smartphone, with the Propree application installed, at a product's unique number or barcode. The application then retrieves and displays the product's tracking history.
- Who are the founders of Propree?
- The founders of Propree are Igor Teleshevsky and Or Demri.
- What is Propree's primary sector classification?
- Propree's primary sector classification is Cyber Security.
- What is Propree's current funding stage?
- Propree is currently in the Pre-Funding stage, with a total raised amount of $0 USD.