NEW YORK - June 1, 2020 - Starburst recently kick-started its well-respected annual accelerator program to support ten startups innovating within the aerospace and aviation industry. The selected startups are able to connect with relevant experts, business partners, and build traction during a twelve-month program on the road to Series A.
After a competitive online pitch competition against global startups, security-tech startup Veracity Protocol was selected to participate in Startburst's prestigious accelerator program.
Veracity Protocol and Starburst 2020
In addition to being one of the ten accepted, Veracity Protocol scored among the highest total points. The selection process is based on a scale of competitive metrics such as innovation, market accessibility, team experience and strength, and financial feasibility and credibility. To be considered, startups must already have a first working prototype or product, raised their seed round, and proposed innovative products and technologies related to the industry.
Insights directly from the Veracity Protocol team about their stance and future vision:
"During the final selection round, there were impressive startups focused on 3D printing, robotics, magnetic resonance imaging, nanosatellites, autonomous drones, and hyper-fusion reactors. We knew we were in good company. This is a gateway to the future, and we have an incredible opportunity to be involved with such a high caliber, innovative program." – Jakub Krcmar, CEO & co-founder of VP
"We're highly motivated to use AI to solve real global problems across sectors. It's possible that Veracity Protocol will soon eliminate the GS1/barcode standard to trace physical items. However, our technology was built to protect people. If we can save even one human life, our mission is accomplished." – Kamil Behun, CTO & co-founder of VP
"Our vision is to protect people, brands, and national security. At the same time, we're thinking about questions that have no clear answers yet, for example – how will the quality, authenticity, and integrity of billions of products in the future (in a decentralized world) be guaranteed? We want to be able to provide answers to these questions." – Roman Komarek, COO & founder of VP
About Starburst
Starburst (http://starburst.aero/#home) is considered the leading aerospace and aviation accelerator program in the world. They have an ecosystem of 85+ partners and aerospace corporations with branches across the globe. Starburst is recognized for mentoring and assisting chosen startups to become part of specific innovation projects that solve the latest and upcoming global challenges in the industry.
About Veracity Protocol
Veracity Protocol (http://veracityprotocol.org) is the new standard of trust for physical objects to protect people, brands, and national security. Using computer vision, Veracity Protocol enables any camera to create a tamper-proof Physical Code™ based on an item's material structure. The standard is used as the key component for preventing counterfeiting, fraud, and manipulation, and as the immutable bridge between the physical and digital.
Contact
hello@veracityprotocol.org
