Through Ekvitta, we seek to help reduce the volume goods sold that were obtained via theft or other illegal means. When an item is sold aftermarket, the original receipt is often not provided in the transaction. It might have been misplaced or just thrown away.
Using Ekvitta, the seller can easily attach the original receipt along with the new receipt to the buyer. Ekvitta maintains a reliable record of past receipts, establishes a trace from seller to buyer, and updates that history resale after resale. If a buyer demands an Ekvitta receipt, it becomes much more difficult to sell stolen goods to unsuspecting consumers.