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
    Blockchain Enables Verification of COVID-19 Immunity
    Given the virus is not going to disappear in a hurry and we are some time away from vaccinating the ...

    November 21, 2020

    Illicit Cryptocurrency Activity: A Concern
    Market regulators such as SEC has accepted cryptocurrencies as a financial instrument and are consta...

    November 20, 2020

    IBM Using Blockchain to Help Businesses Reopen during COVID-19
    IBM’s healthcare unit, IBM Watson recently announced that they will soon be launching an app to supp...

    November 20, 2020

    Canadian Pacific Railway Collaborates with TradeLens
    Canadian Pacific Railway recently collaborated with TradeLens in a bid to improve its efficacy as an...

    November 19, 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