In a development poised to transform the IT asset management (ITAM) landscape, Verae, a blockchain startup co-founded by Dr. Stuart Haber—recognized as a co-inventor of blockchain technology—has announced its integration with Evercycle, a company known for its innovations in IT asset management and asset circularity. The partnership seeks to embed Verae’s blockchain capabilities within Evercycle’s platform to elevate data integrity, accountability, and lifecycle transparency in IT asset workflows.
Revolutionizing Lifecycle Management Through Blockchain
Evercycle has earned recognition for offering an end-to-end platform dedicated to managing the entire lifecycle of IT devices. Its services range from deployment to recovery, refurbishment, and final disposition, all executed with a focus on automation, traceability, and sustainability. The company’s approach is not limited to asset tracking but extends to physically managing asset movements and optimizing their usability throughout various lifecycle stages.
Verae, on the other hand, brings to the table its specialized blockchain solution called DataCubes™, designed to secure digital records with immutable, auditable, and selectively shareable ledgers. These records are built to instill trust and transparency across digital ecosystems. By incorporating this blockchain technology into the Evercycle platform, the two firms aim to generate a tamper-proof historical record of every IT asset, which can be accessed and verified by stakeholders including ITAD vendors, risk teams, auditors, and regulators.
A Seamless Fusion for Immediate Impact
The integration between Verae and Evercycle is structured to deliver value without disrupting existing business operations. Enterprises and ITAD providers will reportedly be able to adopt blockchain-based tracking mechanisms without having to install new software or overhaul their current systems. This streamlined approach allows organizations to instantly benefit from blockchain’s secure data infrastructure, enabling verified compliance with sustainability goals and data protection regulations.
The collaboration addresses longstanding issues in ITAM such as unverifiable asset records and fragmented data systems. The immutable ledger generated through Verae’s blockchain allows device histories to be transparently documented across multiple owners and custodians, reducing the potential for fraud and ensuring accountability throughout the asset’s lifecycle.
A Response to Growing Compliance and Sustainability Pressures
The timing of this partnership reflects an industry facing increasing regulatory and environmental demands. As companies manage expanding inventories of hardware across globally distributed teams, they are also being called upon to enhance sustainability practices and ensure secure handling of sensitive data. The partnership aims to serve these evolving needs by offering systems that are not only auditable but also designed for the future of device recovery and reuse.
Representatives from both organizations emphasized that the integration is about building scalable trust mechanisms into ITAM. Executives from Evercycle have reportedly pointed out that the industry has long faced challenges in maintaining verifiable records and secure chains of custody. Their collaboration with Verae is positioned as a direct solution to these gaps, enabling portable, secure, and independently verifiable asset data.
Verae’s leadership further stated that this partnership represents more than a technological test. It is being described as a critical move toward establishing verifiable data as a foundational element for compliance in the circular economy.
Laying the Foundation for the Future of ITAD
This collaboration marks a pivotal moment for IT asset management, where blockchain is no longer a theoretical advantage but an operational necessity. As digital and physical asset management converge under tighter regulatory expectations, solutions like the Verae-Evercycle integration offer a path toward trust, sustainability, and long-term operational resilience.