TraceSeaFood

With the decreasing fish reserves and unsustainable practices in the industry, there is a huge need for transparency in the seafood industry.


Our QuillTrace Solution

TraceSeaFood provides blockchain-based trusted, transparent and secure Supply chain management for seafood traceability and tracking while providing authentic goods to the consumers.

$400 Billion

The value of the Seafood Industry including cultivation, processing and distribution is estimated to be around $400 Billion, according to the FAO.

$23 Billion

Illegal, Unreported and Unregulated (IUU) activities including overfishing, human rights abuses and fraud result in a loss of $23 Billion to global fisheries.

59% Mislabelled

Up to 59% of tuna samples were mislabelled in the US according to a study by Oceana.

Challenges

  • There is a huge problem of mislabelling and mixing of seafood which leads to subpar quality and loss of customer trust.
  • There is a lack of pre-processing data from the vessel or the initial facility which inhibits complete traceability and resource management.
  • With little to no communication between entities of the seafood supply chain, either no data is available or it is trapped in individual silos.
  • About 90% of the fish stocks are either fully fished or overfished and are employing illegal measures to capture fish.
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Ready to trace & track your products with the most secured technology ever?

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Solutions


food-traceability

Food Traceability

Providing full traceability of the food item not only adheres to the increasing regulations but provides reputational as well as the economic incentive to the company.

analytics

Analytics and Predictive Modeling

With visibility in the supply chain, each stakeholder will have the access to see the transactions on the blockchain, thereby facilitating in analytics and predictive modeling.

Automation

Automation

The use of smart contracts gives the facility to automate the administrative tasks and perform specific actions under pre-approved conditions, hence reducing time and increasing efficiency.

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Collaboration and Obstacle Tackling

When the information is on a single platform, bottlenecks and risks can be identified easily and rapid adjustments can be made to processes.

Benefits for Stakeholders



vessels

Vessels/Fish Famers

  • Prove the origin of the fish captured or location of farm
  • Cost efficiency with the removal of intermediaries
processor

Processor

  • Authentic details about the provenance of the fish
  • Cold Chain monitoring on dashboard
distributor

Distributor/Trader

  • Logistics scheduling and management on the platform
  • Cold chain monitoring and hence reducing wastes & costs
retailer

Wholesale & Retail

  • Efficient Inventory management and scheduling using platform
  • Improved Brand Image with traceable and transparent seafood products
consumer

Consumer

  • Reliable information regarding origin of seafood
  • Confirmation about whether sustainable practices were adopted or not

Our Traceability Flow




vessels

Vessels/Fish Famers

  • Vessel Details
  • Location of capture
  • Fish details
  • Feed composition
  • Environmental Conditions
processor

Processor

  • Fish details
  • Flesh details
  • Batch date & size
  • Processing Methods
distributor

Distributor/Trader

  • Storage Conditions
  • Time in transit
  • Batch Size
  • Estimated Delivery time
retailer

Wholesale & Retail

  • Batch Size
  • Expiry Date
  • Time spent at the facility