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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.

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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

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