A Concrete Example
You're at a restaurant. On the table or counter, a QR code 'Discover our producers'. You scan.
You discover the restaurant's supplier list: John, vegetable farmer 12 km away. Mary, cheesemaker in Vermont. Each farm, their certifications, and how long they've worked with this restaurant.
Frequently Asked Questions
Is it free?
Yes, always. Scanning and viewing product origins is free for consumers.
Do I need to create an account?
No. You scan, you see. No registration required.
Does it work with all products?
Only products whose producers or sellers use VeraTrace. Look for the QR code or VeraTrace badge.
How do I know it's reliable?
Data is recorded tamper-proof. Nobody — not even VeraTrace — can modify it afterward.
Is VeraTrace legally a cooperative?
No, not in the sense of the French law of 1947. VeraTrace is a French SAS based in Val d'Oise. We operate <strong>in the spirit</strong> of a cooperative: a portion of the system is reserved for producer members, and governance is evolving towards an assembly model. Why not become a SCIC right away? Because European-scale deployment requires a structure compatible with crypto regulations (MiCA in Europe). The formal cooperative structure is planned for a later phase, at the time of the Token Generation Event.
What is a "digital cooperative share"?
It is the network's unit of recognition: you accumulate them with every traced journey. Technically, it is a <strong>utility token</strong> called VRT under the European MiCA regulation, comparable to loyalty points with a transparent, tamper-proof mechanism. A share gives access to services (certifications, quality badges), a voice in governance, and a mechanism that recognises your contribution. <strong>It is not an investment, it guarantees no return, and its value can fall to zero.</strong> It is a digital cooperative share, not a stock.
How is this different from a classic crypto?
Three fundamental differences. <strong>1. Speculation is not the driver:</strong> the value of the shares comes from use by downstream players (restaurants, canteens, retailers) who need the proof of traceability, not from speculation. <strong>2. Producers come first:</strong> a significant share is reserved for producers; in a classic crypto, the bulk goes to founders and VCs. <strong>3. MiCA compliance:</strong> we are registered in Europe, under the world's strictest regulation on crypto-assets.