VeChain ToolChain Tapped by Top U.S. Seafood Import Firm, KnowSeafood 

Spread the love

VeChain (VET) has attracted another partner in KnowSeafood. The firm hopes to boost the traceability of its seafood supply chain with VeChain”s distributed ledger technology (DLT) solutions, according to a blog post on December 1, 2020.

KnowSeafood Adopts VeChain (VET)

As the world keeps looking for a permanent solution to the ravaging COVID-19 pandemic, with consumers now turning to online marketplaces for the purchase of food items and other essentials, KnowSeafood is integrating blockchain technology into its processes to improve transparency of its supply chain.

According to a VeChain (VET) blog post, Americans spend $102 billion on seafoods annually, yet about 80 to 90 percent of them do not meet their daily seafood consumption recommendation due to mislabelling of seafoods and lack of transparency in the supply chain of these products.

Against that backdrop, KnowSeafood, a United States-based firm that makes it possible for customers to order for their seafoods online, has integrated VeChain ToolChain into its operations to foster transparency in its seafood supply chain and boost consumer confidence.

RECOMMENDED READ:  EOS Market Analysis for 13th January 2021

StoryBird Powered by VeChain ToolChain 

Specifically, the firm has implemented a supply chain transparency solution dubbed StoryBird. Powered by VeChain ToolChain, the team claims the StoryBird application will make it possible for consumers to easily track the entire supply chain cycle of their seafoods.

Also, with the power of VeChain ToolChain, StoryBird will directly connect consumers to seafood farmers, thereby boosting transparency as well as the confidence of buyers in the purchased food products.

Starting from Q4 2020, the firm says the traceability of various seafood categories will be possible on the platform, including North Atlantic Haddock, Peruvian Mahi-Mahi, New England Sea Scallops, Maine Lobster, and a host of others.

Commenting on the project, Daniel McQuade, Co-Founder, and CEO of KnowSeafood said:

“Our roundbreaking experience working with blockchain has proven to us how powerful a solution it is to traceability and sustainability. The American consumer is demanding the kind of transparency and provenance that DLT offers. In working with VeChain and the Storybird application, we are bringing our customers the best technology in the market to have immutable trust in seafood from our KnowSeafood online marketplace.”

In related news, VeChain’s blockchain solution is increasingly gaining traction in various sectors of the global economy.

 232 Interactions,  2 today

READ ALSO:
Crypto trader’s smart mining approach inside a BMW trunk

US-based crypto trader and miner Simon Byrne has six Nvidia RTX 3080s graphics cards in the trunk of his BMW Read more

Signal messaging service looking into privacy crypto payments options

Fast-rising messaging service Signal is rumored to be experimenting with a privacy crypto token. Privacy-focused chat app Signal is currently Read more

How to avoid U.S. trading hours to save few Ethereum gweis.

Anyone who used Ethereum in 2020 understands the annoyance of paying for gas, a metric that reflects the numerical weight Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

Contact Us

%d bloggers like this: