VeChain

SOLUTION

Food Safety Traceability

The blockchain-enabled food safety SaaS powered by VeChain ToolChain™ can provide food industry enterprises with various traceability functions that have been effectively verified, including origin traceability, cross-border traceability, full-process traceability, and more. It can also help food companies exploit value via data generated by their own business. The immutable data on the blockchain enables companies to increase the efficiency of compliance review, government supervision, logistics and supplier evaluation.

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BUSINESS CHALLENGES

Industry Problems and Pain Points

Lack of Transparency

Information asymmetry remains a problem between enterprises and consumers, since enterprises can tamper with the data at their own will, thus increasing the cost of trust between consumers and enterprises.

Potential Food Safety Problems

Lacking effective monitoring, food safety hazards may be introduced into the food supply any time during harvesting, processing, transporting, preparing, storing and serving food.

Low-level Digitalization

Enterprise production and management rely entirely on manual and paper documents. Digitalization is an effective way for enterprises to improve management efficiency and reduce costs.

VECHAIN

Solution Overview

By leveraging blockchain technology, IoT equipment, and the enterprise's own business system, Consumer Confidence Index Platform can keep track of the entire lifecycle of the products, and manage the quality and safety information effectively.
Through this platform, we can facilitate the digital transformation of the enterprises. In addition, consumer feedback and big data will be utilized to improve the quality of the goods and services themselves, bridging the gap between legal authorities, product makers, and the end-user market.
The Confidence Index is calculated based on an industry standard set by DNV combined with consumer-generated feedback. Together, this data covers the entire lifecycle of the product, through source, production, logistics and consumption.

Rebuild Trust

With blockchain technology, we can reduce tampering or interference at every stage of the supply chain, and build an open, transparent, reliable, and traceable system.

Ensure Food Safety

We can assist enterprises in achieving effective logistics management. For the food that needs to be transported within specific temperature and humidity ranges, data will be collected and uploaded to the blockchain through IoT devices.

Consumer Interaction

The user's purchase records and user experience will be stored on the blockchain.

Professional Evaluation Model

Designed and developed by DNV. With this model, we can provide valuable information for consumers to facilitate product quality assessment and purchase making.

Ecosystem Management

Based on the platform, we will build a blockchain-based future business ecosystem that is secure and trustworthy.