Supporting pharmaceutical and product anti-counterfeiting and traceability.
Merck Global Accelerator, Google For Startup Accelerator, Google Black Fund, SAP global accelerator, Microsoft Accelerator.
ChekkitAppâs target problem is the illicit trade in the pharmaceutical and consumer goods industry. ChekkitApp spent 2017 - 2018 doing deep research in Ghana and Nigeria, where they surveyed about 800 people and discovered issues with how consumers in Africa simply trust their neighbourhood pharmacies and don't bother to check the authenticity of the drug they use, this has led to 100,000 yearly deaths from fake anti-malaria drugs in West Africa (according to WHO). Over the last 10 years, anti-counterfeiting solutions within Africa have only seen a 10% authentication rate.
Chekkit is a consumer intelligence platform powered by blockchain for packaged product anti-counterfeiting and traceability.
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Products are tailored for the African population in urban and rural areas with lower internet penetration. They offer anti-fake sticker labels which are attached to medicine packs or sachets by manufacturer's approval which consumers can verify at the point of purchase with USSD (without internet) or a mobile App. Serialisation is now also available directly on product packs via machine-line printing and integrations, following GS1 standards for track & trace and proprietary algorithms.
Currently, have plans to operate an excise tax stamp program via product serialisation standards across Africa. Chekkit has partnerships with Telecel group (presence in 22 African countries) for the Ghana and CAR markets on the cellular network side as well as partnerships with GIFS Islamic finances for expansion and settlement in South Africa on the retail chain store side for POS integrations.