Untraceable ammunition is a significant threat to global security and safety, and Bullet ID believes it has a solution.
FREMONT, CA: "We set out to revolutionize ammunition tracking and inventory management. Today our technology can improve ammunition inventory control and provide increased intelligence for military and law enforcement," states Bullet ID Founder and CEO Bruce Lewis. The recent conviction of Nikolas Cruz, the school shooter in Parkland, Florida, refocused public attention on the crisis and controversy surrounding gun violence in America. In 2020, the rate of gun-related violence reached an all-time high.
While mass shootings, such as those in Parkland, Florida, and Uvalde, Texas, attract extensive public attention, the underlying pandemic is the high number of unsolved homicides each year. According to a recent survey, most gun-related killings and nonfatal shootings remain unsolved. This problem disproportionately affects minority populations, with only 35 percent of African American firearm homicide victims being arrested.
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Meanwhile, while there is rising support for sensible gun legislation, there is still much dispute over the route regulation should take. One company, The Bullet ID Corp., is advocating a solution that has the potential to get broad acceptance. It manufactures serialized ammunition as part of a full production, supply chain, and app offering that enables each round of ammunition to be monitored and tracked.
Bullet ID has created a solution for manufacturers, law enforcement, and the military using the most advanced blockchain technology.
The vast majority of ammunition now available is untraceable, indicating that the sector needs more inventory, tracking, and accountability.
Additionally, untraceable ammo hinders the police's capacity to solve numerous instances of gun crime. Microstamping a barcode onto each bullet could be a vital addition to the police armory, allowing them to trace each bullet's owner and sales history. In addition to assisting authorities in solving killings more effectively, bullet ids would help combat illegal ammo sales.
The negative repercussions of untraceable ammunition extend beyond the police. There is little accountability from maker to supplier to consumer, and destroying unregistered ammo wastes taxpayer funds. The U.S. Government Accountability Office (GAO) has called for a revamp of how the Army procures and manufactures its ammunition, and bullet tracing would offer the military a clean and efficient inventory tracking system.
Bullet ID offers a comprehensive solution for the $23 billion worldwide ammunition business. In production, the company laser-engraves and serializes barcodes onto bullets, which are subsequently packaged and delivered. This barcode is uploaded to a secure blockchain database and, when scanned, provides the quantity, location, and history of an inventory.
The Bullet ID companion app gives secure and authenticated direct access to the supply chain database. This provides a seamless connection for the lifespan of ammunition, saving billions of dollars, combating black market activities, and empowering law enforcement to address weapons offenses more effectively.
