BlockApps has partnered with pharmaceutical firm Bayer to launch TraceHarvest, a blockchain-based system for tracking supply chains of agricultural products.
The developers said that TraceHarvest will allow tracking the entire “life cycle” of products: the origin of seeds, their growing conditions, harvesting and delivery to retail outlets. The data will be available in real time.
On the platform, it will be possible to check information about each party taking part in the supply chain. In particular, the system is intended for farmers, dealers, manufacturers, distributors and technology providers.
TraceHarvest will provide farmers with the opportunity to enter new markets and generate additional income, as well as help eliminate the complexity of manual crop accounting.
In addition, the platform aims to protect the environment and consumer rights. TraceHarvest can track carbon emissions and food safety information.
For this project, BlockApps partnered with Bayer Crop Science, a division of the German pharmaceutical giant Bayer. BlockApps President and CEO Kieren James-Lubin said:
“Blockchain has already revolutionized the agricultural industry, and through our partnership with Bayer, we have become the ‘pioneers’ in this area. Together, we have succeeded in making our concept a reality ”.
Recently, many countries have started to implement blockchain in the agricultural industry. The Swiss company Cerealia recently launched a platform to simplify the trade in Russian grain.
In addition, a few months ago, the Producers Market platform, which brings together various manufacturers, began to use the VeChain blockchain to track agricultural products of farmers in Latin America.