Blockchain Platform on Beef Traceability to Launch In China

Asia Blockchain Review
November 13, 2019

Australian blockchain firm BeefLedger is launching a blockchain-based food provenance platform in China following rising demand for meat in the country. 

BeefLedger, a token-driven platform, allows beef importers, retailers and wholesalers to pay for beef shipments with BEEF tokens. BeefLedger’s blockchain network will also store all beef-related information, from rearing to the finished product. The information can be viewed by Chinese consumers to learn about details such as the provenance of the cattle and meat transport, as well as the health history of a cow.

Blockchain Backed by Government-funded Agency

Food Agility, an Australian government-funded research firm, supports BeefLedger. In 2018, Food Agility, Queensland University of Technology, and truck insurer NTI have worked with BeefLedger to pilot a project to track beef exporting from Australia to China.

Apart from identifying the provenance of beef, the platform will monitor processes after slaughtering. BeefLedger founder and Chairman Warwick Powell stated: 

“We can secure data to track the conditions of transport, more accurately predict shelf life and use-by dates and connect consumers with producers. We are putting the systems in place that minimise the risk of ‘fake steak’ being delivered.”

Other Active Blockchain Projects for Beef Traceability

BeefLedger has also teamed up with Chinese entrepreneurs to study Export Smart Contracts under the BeefLegends initiative and LibertyPost, a Beijing-based e-commerce ecosystem developer, to develop a digital feedback-loop between consumers and producers.

In the United States, American firm BeefChain, which is a member of the IBM Food Trust, is developing a platform for the ranchers. Other active blockchain beef traceability projects include a pilot for beef traceability in the North Jeolla province in South Korea and a blockchain system piloted by the Food Standards Agency at a cattle slaughterhouse in the United Kingdom.

Source: www.ledgerinsights.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

    Related Article
    Improving Grant Management with Blockchain Technology
    The U.S. Treasury Department and the National Science Foundation have developed a blockchain-enabled...

    January 27, 2020

    Dish Network Files Patent for Anti-Piracy System Backed by Blockchain
    Dish Network, a major television provider in the U.S., has submitted a patent application for an "an...

    January 27, 2020

    Concerns Raised over Unclear Definitions of Crypto-Assets in Crypto-Currency Act 2020
    A cryptocurrency bill being drafted in the US Congress has been criticized for its vague definitions...

    January 25, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us