LINA Network Blockchain Application Verifies Product Origins Almost Instantly

Asia Blockchain Review
July 21, 2019

ProPak Asia 2019, one of Asia’s largest technology exhibitions, recently recognized the potential for LINA Network’s Supply Chain solution in supervising and tracing agricultural products.

ProPak Asia 2019 was held in Thailand this year from June 12-15, attracting 50,000 visitors from 79 countries. During the event, LINA Network introduced a blockchain application in Supply Chain management that garnered serious attention from production and export enterprises.

Permanent and Immutable Blockchain Records

According to Yahoo News, the application was the culmination of 16 months of product development and strategic collaboration with GS1 Thailand, a local member of not-for-profit organization GS1.

The beta version of LINA Network’s Supply Chain application enables users to retrieve and verify data on product origins, from material collection to packaging. Details for each stage of product processing are permanently and immutably recorded on the blockchain.

Product details are retrieved within five seconds of scanning the QR code printed on a sample product with a mobile app developed by LINA Network. This is done using data provided by Aim Thail Intertrade and migrated to a private blockchain maintained by LINA Network.

Fighting Counterfeit Goods and Verifying Quality

As reported by TechBullion, the application of LINA Network’s solution in Supply Chain can help manufacturers fight counterfeit and defective goods, while allowing consumers to verify the origin, quality, production processes and standards of the products they wish to buy. 

The official version of LINA Network’s Supply Chain application is slated for release in Q3 2019.  Additionally, LINA Network plans to implement aggressive growth strategies in order to attract and collaborate with over 20,000 direct investors and projects.

Source:

https://finance.yahoo.com 

https://www.techbullion.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
Shenzhen Firms Issue 6Mil. Blockchain Invoices in 12 Months
The Chinese city of Shenzhen has reportedly issued almost 6 million blockchain-based invoices over t...

August 17, 2019

Thailand Considers Extending AML Regulations to Crypto
Thailand’s Anti-Money Laundering Office has revealed that it may extend AML regulations to include c...

August 17, 2019

The Future of DEXs
Decentralized exchanges (DEXs), which are non-custodial by nature, were also much more secure than t...

August 16, 2019

DECENTRALIZED FINANCE: Defying the Global Financial System
Although it was only established last year, the DeFi system has already locked in US$500 million wor...

August 16, 2019

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