ChromaWay provides strategic investment

In a press release today, ChromaWay said they are pleased to announce their investment in and collaboration with Lingon Certificates, which serves a growing market with explicit and urgent needs.

Experts estimate that $4.5 trillion of counterfeit goods are sold globally each year. The majority of these counterfeits are exclusive and limited-edition products. Lingon Certificates AB offer a solution to counteract the gray market by providing tamper-proof digital certificates. These certificates ensure authenticity, prove ownership, and protect the value of these limited and unique assets.

ChromaWay is pleased to announce our investment in and collaboration with Lingon Certificates, providing a technical solution custom fitted for this purpose which serves a growing market with explicit and urgent needs.

Ebba Theding, CFO, ChromaWay

"In the Lingon team we saw extremely motivated and experienced entrepreneurs with a very strong product and market focus. And with our shared vision of how certificates of authenticity can revolutionize market trust with blockchain we look forward to building a kick ass application."

To be able to offer a fully comprehensive certificate there are no shortcuts. ChromaWay and Lingon will create a trustless solution by giving each asset a fully traceable and transparent digital identity on the blockchain that rules out the possibility of tampering. By leveraging the capabilities of relational blockchain, we will bring manufacturers and certificate owners together on a scalable and secure authentication platform.

Ulf Enhörning, CEO, Lingon Certificates.

“At the heart of Lingon lies the desire to safeguard authenticity of assets and improve trust in trade interactions. In ChromaWay we have found a partner who not only shares those values, but also contributes with deep understanding and knowledge of the blockchain infrastructure. On their platform, Lingon´s services can create a maximum of value to its users. After searching around the globe for potential partners, we realized that the answer was just around the corner. In ChromaWay, we have found world-class competence and a local partner with whom we can thrive in our ambition to further contribute to the Swedish tech wonder.”

The Lingon wallet apps for management and validation of digital certificates as well as future marketplace features will offer endless opportunities for both consumers and manufacturers. Lingon’s vision is to create user oriented, seamless products that will build instant trust. ChromaWay’s relational blockchain technology provides the flexibility and capabilities necessary to deliver this vision.

ChromaWay and Lingon Certificates are looking forward to a fruitful collaboration.

Questions about Lingon?

We would love to hear from you

Contact us today

Lingon at Möbelriksdagen

Lingon showcased its NFC-connected solution for Digital Product Passports at "Möbelriksdagen" in Tibro on September 28.-29. 2023.

Read article

Public beta launch of the platform

So exciting! Now, it's finally time to launch our platform as public beta. It means that anyone can use the service (although still in a pilot phase).

Read article

Livestream about Lingon, art and tech

Watch the chat between contemporary performance artist Malin Myagi and our co-founder Christian Listérus about the blockchain, art, Lingon and new tech in a livestream on Instagram

Read article
2022-06-28

Lingon closed angel investment round

Read more
News

Lingon closed angel investor round to complete the development of its new self-service platform

2021-10-15

Launch of corporate platform

Read more
News

Lingon launches corporate platform for creation and management of digital product certificates, including mobile apps for endusers

2022-05-22

Lingon featured in Breakit coverage

Read more
News

Lingon has been featured as one of the 19 hottest start-ups in the blockchain sector in Sweden, in an article published on Breakit's web site today