We are committed to helping the agri-food industry by offering real-time traceability of food from farm to fork to ensure the highest safety on the foods produced and processed.
The global market reached $97 billion in 2017 with a CAGR of 17% from 2018-2022.
The United States is the leading market with $48 bn, followed by Germany, France, and China.
Food adulteration is one of the most dangerous practice prevalent around the globe in which foods with pesticides in them are being mislabelled as organic.
With the use of IoT including sensors and beacons, sensitive food items can be monitored effectively in transit so that chances of contamination and spoilage during logistics is reduced.
The food traceability market is worth $14 Billion in 2019 and customers are asking for more information about the food they are buying. It just takes a few seconds to trace the origin of a food time with the help of Blockchain.
91% of the business leaders surveyed by The Consumer Goods Forum believe that transparency builds trust among the consumers and around 40% consumers would switch from their preferred brand to one that offered more transparency.
Small farmers who have little or no access to formal loans for fertilizers and equipment can prove their credibility when their transactions are stored on an immutable platform based on Blockchain.