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Vietnamese Mangoes Reach U.S. Market Using Blockchain Technology

Asia Blockchain Review
June 21, 2019

An initial eight tons of Vietnamese mangoes have reached the U.S. market with the help of blockchain-based traceability technology.

As reported by VietNamNet, the produce was collected from My Xuong Mango Cooperative in Cao Lanh, capital of Vietnams’ Dong Thap province, and shipped by air to the United States on April 18. Every single mango was attached with a QR Code via blockchain technology, thereby guaranteeing supply chain transparency.

Suppliers to Step Up Transparency and Traceability

The issue of transparency has become more pressing than ever following a report by the World Health Organization (WHO), which found that 600 million people suffer from food poisoning each year.

The report also indicated that one-third of the total global food supply is lost or thrown away every year, amounting to 1.3 billion tons, partly due to difficulties in defining origin and quality.

Vietnam is expected to eventually begin providing traceable food in order to join the global trade system.  The country finally obtained permission for its mangoes to enter the U.S. market following 10 years of negotiations and organization production in accordance with VietGap and GlobalGap standards.

Blockchain Minimizes Fraud and Supply Chain Risks

The My Xuong mangoes benefit substantially from higher quality and traceability made possible through its blockchain model, which was developed by My Xuong in cooperation with Vietnam Blockchain Corporation (VBC).

Traditional methods would only allow users to access basic information, with few or no updates on the status of products and the process of transportation and delivery. Blockchain makes these updates possible, thereby minimizing fraud and supply chain risks while protecting the prestige of authentic companies and products.

Source: vietnamnet.vn


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