Toronto, Ontario–(Newsfile Corp. – January 7, 2021) – Simple fact, Inc., or Forensic Asset Certification Know-how (OTC Pink: FCTI), (“Actuality, Inc.“) is pleased to announce that they are centered on the multibillion-dollar wonderful art and collectible marketplace by bringing forensic know-how to battle fraud, forgeries and fakes through progressive stability remedies.
Truth makes use of state-of-the-art forensic investigation equipment and blockchain security to report asset details and provenance outside of what was previously feasible. The wonderful art and collectibles sector features more than 50 million transactions producing about $80B in revenue on a yearly basis, but widespread fraud and forgeries go on to plague the market and gradual growth. Authorities from the FBI, Interpol and the US Treasury estimate fraud and forgeries produce black sector revenues of $6B from fine artwork, $2.5B from sporting activities memorabilia and tens of millions of pounds in numismatic cash. Fact is dedicated to ending this hundreds of years outdated problem as a result of their suite of solutions driven by their proprietary forensic methodology and technology.
Point gives an array of merchandise and services that includes authentication, affliction reporting, GPS monitoring, provenance information, as perfectly as selection administration – all saved securely on blockchain available in real time to the purchaser. Simple fact formulated a reducing-edge forensic imaging resource to capture a 3D design of the asset with micron amount detail. The Fact system is an enhancement of the forensic ballistics technology dependable by regulation enforcement agencies globally. The procedure capabilities automatic investigation and reporting providing objective information to the consumer. For centuries, qualified providers have relied generally on what the observer can detect with the human eye, Simple fact is committed to removing subjectivity.
“At Simple fact we are consistently looking for new impressive methods to tackle fraud,” says Patricia Trompeter, COO of Reality. “Our vision is to foster the trust and integrity of the industry by way of verifiable data, so that someday collectors and professionals alike can easily interact in transactions certified and guarded below the Reality brand name. This vision is only attained by way of continued innovation from Fact, incorporating opinions from our companions and valued buyers. We have only just started to scratch the floor the attainable software of our know-how as we integrate new and improved methods daily. As we get started to rollout our offerings, we remain organized to quickly adapt to feed-back and benefit from the first knowledge to drive our AI and device finding out. We are committed to delivering breakthrough solutions and services that will revolutionize security for the wonderful art and collectible industry.”
ABOUT Reality INC.:
Truth, Inc., or Forensic Asset Certification Technological know-how (OTC Pink: FCTI), operates globally featuring goods and expert services to revolutionize stability for the artwork and collectibles market. Reality utilizes ballistics technologies now utilized by international regulation enforcement businesses to authenticate and review good art and collectibles. Fact, Inc. gives a suite of products and solutions that contains authentication, condition reporting, GPS monitoring, provenance information, as nicely as assortment management – all stored securely on blockchain available in true time to the customer. The Reality, Inc software program application is applicable to various channels in just the fantastic artwork and collectible marketplace like secured lending, insurance policies, sellers, auction residences, and grading firms. Point, Inc. is headquartered in Toronto, Ontario.
Simple fact, Inc.
2 Toronto Street
Toronto, ON M5C 2B5
Call: Patricia Trompeter, [email protected]
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