November 18th Blockchain solutions provider BlockApps has launched a blockchain-based network for tracking agricultural crops called “TraceHarvest”. and one of the world’s largest companies, Bayer, is among the early adopters.
According to reports TraceHarvest enables users to follow the life cycle of agricultural products from the source of the seeds to defining the responsibilities of the parties involved in the supply chain. The platform also provides users with real-time information, which ideally alleviates the problems of manually monitoring the harvest.
TraceHarvest is open to all participants in the supply chain. as farmers, traders, manufacturers, traders and technology providers and would also like to give farmers the opportunity to open up new markets and generate additional income.
In addition to tracking plants, the platform can be used for environmental and consumer protection. For example, carbon credits and product recalls for food security. In addition, the company hopes researchers can use the data stored on the platform to make the food supply chain more sustainable.
BlockApps worked with Bayer Crop Science on this project, a division of the German pharmaceutical giant Bayer. Bayer helped develop the network and has used it on related farms with its customers in the US and Brazil for the past two years to track soybean and corn crops as well as various other crops.
The President and CEO of BlockApps, Kieren James-Lubin, He said about the start: “Blockchain technology is already revolutionizing the agricultural industry and thanks to our partnership with Bayer we are pioneers in this area. Together we managed to make this concept a reality. “
More recently, many countries and companies have also introduced the use of blockchain in plant-related supply chains. In October, large agricultural companies from the USA, France, China and the Netherlands founded a joint venture that will use blockchain technology to streamline logistics processes in the agricultural sector in Brazil.
Likewise in September Steven Marshall, Prime Minister of South Australia, started the blockchain-based project Entrust with the main aim of protecting the wine and dairy industry from fraud in the world markets and achieving efficient savings in the agricultural sector.