Investment in a Nigerian Blockchain Authentication Technology Company

Japan Strategic Capital co., Ltd announces that it has invested in CHEKKIT TECHNOLOGIES CORP., which provides anti-counterfeiting technology for products using blockchain.

Chekkit, based in Nigeria, develops and provides blockchain-based authentication technology to pharmaceutical and FMCG companies to prevent counterfeiting of fake medicines and everyday items in emerging markets. Customers can check and manage product information by reading the code embedded in the label on the product with a smartphone. It also helps product manufacturers maximize the use of customer intelligence by analyzing customer information. This year, Chekkit is also expanding outside of Nigeria.

Full press release by Chekkit: