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Pennsylvania’s top cop has introduced track-and-trace technology in an attempt to reduce gun crime, presenting an opportunity for makers of the technology.

Josh Shapiro, the attorney general of Pennsylvania, says he hopes departments around the state will start implementing the e-trace program, which aims to help create a clear timeline of where a weapon has been from the first day it is purchased.

It is hoped it will help reduce gun crime, by giving law enforcers a clearer picture of the history of a weapon.

As of last year, Pennsylvania ranked 31st for gun crime in the US, with 11.9 deaths per 100,000 people.

The process will start by giving retailers an online system to inform state police of a gun purchase. Currently, it is done by a handwritten form.

“The problem is that paper work when it gets filled out has to be mailed to the Pennsylvania state police, they have to manually input it, there’s a backlog, errors can be made during the input process,” Shapiro said, according to WFMZ-TV.

The second part of the plan is to get police departments to use a system called e-Trace. The online database is shared statewide.

“Only about a third of our law enforcement agencies in Pennsylvania do that. The first prong of track and trace is to get every law enforcement agency in Pennsylvania to input that data as required by state law and share that information.”

If widespread adoption occurs, it offers an opportunity for a company like Security Matters (ASX:SMX), which makes technology allowing any solid, liquid or gas to be invisibly and irrevocably ‘marked’ using a chemical-based barcode. It can then be read using a proprietary reader and stored via a blockchain record, ensuring its security.

It could theoretically be implanted into all parts of a gun and ammunition, providing end-to-end tracking.

This content is produced by Star Investing in commercial partnership with Security Matters.  This content does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.