News

VeChain Releases Blockchain Food And Beverage Tracking System

Roland James

Summary: VeChain, the Singapore-based blockchain application platform, has released a new blockchain-based tracking system for the food and beverage industry. The company confirmed its work with the food certification group DNV GL and supply chain specialist ASI Group, in a blog post on Nov. 7. The project named Foodgate will be the first cross-continental logistics and trades ...

VeChain, the Singapore-based blockchain application platform, has released a new blockchain-based tracking system for the food and beverage industry.

42440728742_f3686f21af_b.jpg

The company confirmed its work with the food certification group DNV GL and supply chain specialist ASI Group, in a blog post on Nov. 7. The project named Foodgate will be the first cross-continental logistics and trades solution powered by the VeChainThor. 

Foodgate is the first solution that is powered by a public blockchain with verified and certified information for the entire lifecycle of the products being tracked. VeChain exposed that Foodgate has already been put to use, importing French beef to China for an event that featured French President Emmanuel Macron and Chinese President Xi Jingping.

By Roland James

Last Update:

Tags: ,,,
Link: VeChain Releases Blockchain Food And Beverage Tracking System   [Copy]
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 2 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 9 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 10 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 13 days ago
  • You need to login to comment.