IOV42

About IOV42

iov42 is a technology firm founded in 2016 that specializes in digital identity, data integrity, and trust. Initially established in Austria, the company now operates across Europe with a team of diverse nationalities. The current CEO and Chairman is Dominic von Trotha Taylor. One of the co-founders is Robert Zapfel. The company's leadership team also includes David Coleman as Chief Product Officer and Mark Rainey as Chief Technology Officer.

The company developed its own distributed ledger technology, which received support from the European Commission as part of the European Blockchain Services Infrastructure initiative. This technology is designed to enable transparent and secure transactions in a decentralized manner. Building on this foundation, iov42 launched Interu in February 2024, an end-to-end traceability platform. Interu is designed to help businesses manage regulatory compliance, particularly for complex global supply chains. The platform assists companies in conducting due diligence, performing risk assessments, and enhancing transparency to meet regulations such as the EU Deforestation Regulation (EUDR). Interu allows users to securely collect, store, manage, and share information to verify and track materials back to their source.

iov42's business model is centered on providing its Interu platform as a service to businesses that need to prove due diligence and maintain compliance with evolving regulations. Clients are typically EU operators and upstream suppliers who need to provide evidence of compliance to their customers and auditors. The platform helps them save time, reduce risk, and provide accurate, audit-ready data. For instance, Winter & Company selected Interu to support its EUDR compliance, highlighting the platform's combination of technology and advisory support. iov42 also forms strategic partnerships to enhance its offerings, such as collaborating with DoubleHelix for supply chain due diligence expertise and Orbify for environmental impact analytics using satellite imagery.

An earlier application of their technology was Timber Chain, which focused on bringing transparency and traceability to the timber industry's supply chain by replacing paper-based processes with digital data recording. This initiative evolved into the more broadly applicable Interu platform, which now serves a range of commodities including timber, pulp, paper, beef, cocoa, and palm oil.