Blockchain-based supply chain solutions proliferate, as VeChain establishes partnerships with fresh meat suppliers.
Traceability-focused blockchain project, VeChain, has announced a partnership with China’s Shenzhen Yuhongtai Foods Company. This will allow Shenzhen to track pork products distributed by the retailer’s subsidiary, Meijiada Fresh Foods.
The partnership will see detailed information concerning how pork sold by Meijiada was raised and its route to supermarkets, with fresh meat products sold by the chain mandated to be sold on the same day as harvest.
Unsold produce is “systematically collected and processed, and will not be sold the next day.”
Blockchain to trace premium pork in China
Meijada will use VeChain’s ToolChain and blockchain to provide detailed data concerning the origin, processing, and logistics information surrounding meat produced by the Chinese retailer.
Consumers will be able to access the untamperable data underpinning the supply chain and production of Meijada’s pork products by scanning a QR code printed on the packaging of the company’s products.
Meijiada and Shenzhen Yuhongtai Foods emphasized that more products will be included as part of the companies’ blockchain programme in future.
DLT-based supply chain solutions proliferate
As enterprise adoption of distributed ledger technology, or DLT, grows, competition is heating among firms seeking to position themselves as providing a bridge between large enterprise and blockchain.
At the end of last May, Amazon filed a patent for a blockchain-based system designed to track goods moving across the supply chain. India’s largest port operator Apsez launched a partnership with IBM’s TradeLens platform to digitize supply chain processes.
Ontology (ONT) also recently forged a partnership with German digital identity firm Spherity to drive advancements in supply chain-based identity solutions.
Source: , CoinTelegraph
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