• Sensors

    Assure Quality, Safety & Sourcing

  • Blockchain

    Ensures Immutability of Records

  • Smart Contracts

    Govern Supply Chains

  • Sensors

    Assure Quality, Safety & Sourcing

  • Blockchain

    Ensures Immutability of Records

  • Smart Contracts

    Govern Supply Chains

Identification & Tracing

Assurance of quality and safety of food is closely linked to the ability to trace the origins of goods and then create unique identification in order to follow the processed product throughout its lifecycle as well as to prevent counterfeiting of products. Despite the increasing pressure to improve traceability of food and increase transparency of supply chain networks, with hundreds of sources for ingredients that are used to produce food products, product tracing a daunting task. Several factors have been notable in pushing higher transparency of supply chain networks:

  • Governments are implementing new regulations around food traceability, in order to protect the public from potential outbreaks and health risks and prevent large-scale recalls of food.
  • The food industry has taken initiative to improve their product tracing practices, albeit through fragmented, individual programmes. They are hoping to improve efficiency of supply chain management as well as to comply better with the governmental regulations and sustainability indicators.
  • Consumers are becoming more vocal in their demands for better visibility about the origin of their food, with particular emphasis on buying organic, locally sourced and sustainably produced food.

 

Food Blockchain XYZ offers a solution that will benefit both sides:

Producers: Improved data insights into the financial and socio-environmental costs and benefits of sourcing food from different suppliers will enable companies to purchase the raw inputs from the suppliers that offer the best combination of price, quality and socio-environmental indicators, permitting the company to maximise the value of their sourcing practices.

Having ensured that the quality of products that went into manufacturing satisfies their high requirements, food producers want to ensure that the quality will reach the end consumer – and if appropriate the consumer can also verify it. Thus the producers will be able to create unique ID tags for food batches or individual units of food, which will be linked to the full information about sourcing of food. This ID tag can be used to trace food items throughout the distribution part of the supply chain and will prevent counterfeiting.

Consumers: When buying baby puree, parents can view the entire history of the product and can check what farms the ingredients came from. The information can show them how polluted the region is, whether the farmer follows good practices, what the conditions of delivery and processing were. For people for whom sustainability is important, the data on tracing can be converted into the carbon foodprint created by production, amount of miles the product travelled or whether suppliers were small farmers. Coupled with the assurance of quality, tracing will strongly increase consumer confidence in the food that they are eating. Faced with a choice between knowing what they are eating and not knowing, an increasing amount of people prefer to know. Food Blockchain XYZ will respond to this demand.

Do you want to find out how our Identification and Tracing solutions work?

© Smart Security Systems Ltd. 2017. All Rights Reserved. Food Blockchain XYZ and Foodcoin are owned by Smart Security Systems Ltd.