Far More Than Walmart China -- How VeChain Leads Blockchain Adoption in the Food Industry Around the Globe
PR90323
SHANGHAI, June 28, 2021 /PRNewswire=KYODO JBN/--
The rippling impact from COVID-19 continues to add new daily challenges to the
food & beverage industry, including trust issues from the consumers' end and
the disruption of global supply chains. The pandemic highlighted the failings
of the current, highly inefficient traceability systems we depend on as a
global society.
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Blockchain technology represents a paradigm shift in the world of supply chain
and is quickly showing itself to be the most effective method available to
solve the aforementioned problems, as well as delivering new, unique
capabilities for enterprises and consumers.
VeChain has been accumulating use cases in this area since 2019. From powering
big names in the industry to helping countless farmers and suppliers streamline
their management systems.
Below, we summarize Top 10 real commercial examples of public blockchain use
cases in the food industry, the first of their kind, but certainly not the last.
Case 1: Walmart China takes on food safety with VeChain
The Walmart China Blockchain Traceability Platform, built on the VeChainThor
Blockchain, was announced at the 2019 'China Products Safety Publicity Week
Traceability System Construction Seminar'. Read more (
)
Case 2: Walmart China brings together Sam's Club and VeChain to take one step
further towards food safety traceability platform
Sam's Club China, a membership-only premium shopping chain owned by Walmart
China deployed the Sam's Club Blockchain Traceability Platform. Read more (
)
Case 3: VeChain, DNV and Norway in a Box announced partnership
VeChain, DNV and Norway in a Box worked together to build a new service on My
Story(TM), a trust platform built to empower customers and businesses alike.
Read more (
)
Case 4: VeChain, ASI Group and DNV, announced FoodGates on the 2nd CIIE
FoodGates is the world's first intercontinental food solution built fully
powered by a public blockchain with verified and certified information of the
full lifecycle of products being tracked. Read more (
)
Case 5: VeChain became the sole public blockchain protocol of the APAC
Provenance Council
The APAC Provenance Council was established to integrate blockchain technology
into food supply chain finance for Australia-China trades. The core founding
members included VeChain. Read more (
)
Case 6: VeChain enables Producers Market to trace agriculture products
Powered by VeChain, the StoryBird application allows agricultural producers,
processors, packers, distributors, brands and other added-value stakeholders
and access global markets. Read more (
)
Case 7: VeChain powers Producers Market to onboard KnowSeafood
U.S. Seafood Import Platform KnowSeafood announced its implementation of
Producers Market's powerful transparency application, StoryBird. Read more (
)
Case 8: VeChain powers the lifecycle management of Australia premium beef
producer Latitude 28
A branded premium meat supplier in Western Australia named L28 joined hands
with VeChain to develop a meat traceability solution. Read more (
)
Case 9: VeChain joined the China Animal Health and Food Safety Alliance
CAFA is a government-backed organization directly under the Chinese National
Agricultural Science Technology Innovation Alliance and was initiated by the
Ministry of Agriculture of the People's Republic of China. Read more (
)
Case 10: VeChain enables Bright Foods to take A Monumental Step On Their
Objective To Digitise Their Entire Inventory And Supply Chain
The "Cupids Farm" milk brand, produced by Bright Food, became the first of many
food and beverage products to go live on the BrightCode platform. VeChain makes
it possible for companies to monitor the entire lifecycle of their products and
collect data in real-time with all data collected verified. Read more (
)
About VeChain
Launched in 2015, VeChain Technology is a global leading enterprise-friendly
blockchain company which aims to connect blockchain technology to the real
world by providing enterprises with blockchain-enabled solutions suited to
their business needs. It offers VeChain ToolChain(TM), a low-code
blockchain-based SaaS platform that allows enterprise clients to rapidly build
and drive digital transformation on a global scale, enabling the evolution of a
trust-free and a distributed ecosystem.
VeChain is a pioneer of real-world blockchain applications, with international
offices in China, Singapore, Luxembourg, Japan, France, Italy and the United
States. With strong independent development capabilities, combined with the
professional compliance guidance of our strategic partners, PwC and DNV,
VeChain has established partnerships with many leading enterprises in various
industries, including Walmart China, Bayer China, BMW Group, BYD Auto, PICC,
Shanghai Gas, LVMH, D.I.G, ASI Group etc. Website: www.vechain.com
SOURCE: VeChain
CONTACT: News contact: press@vechain.com
Business contact: bd@vechain.com
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