Identification & Tracing
Identification and tracing allows to determine the origins of food, to elicit the financial, social and environmental costs and to protect from low-quality components and counterfeits. The system provides quality assurance to producers and consumers.Continue Reading
Blockchain Data Storage
Blockchain-based records and data management system assures that the data provided by the sensors has not been manipulated, guaranteeing that the readings from sensors are accurate and ensuring stringent control of food quality.Continue Reading
Quality & Safety Sensors
Our sensor systems allow real-time, high-precision, non-invasive analysis of food attributes (composition, quality & safety, origin) as well as of the surrounding environment (temperature, pressure, oxygen) for batches or individual units.Continue Reading
Our customisable white-label software solutions (mobile, computer and IoT) enable machine-to-machine interaction between sensors, processing units, databases, blockchain and smart contracts. They are complemented by a convenient user interface.Continue Reading
The variety of parameters and frequency of their measurements are limitless. Smart Contracts offer an unprecedented flexibility and convenience, allowing to create various commercial agreements that will significantly add value to the food industry.Continue Reading
Foodcoin is a cryptocurrency based on the ethereum protocol that can be used for creation and execution of smart contracts among different agents of food supply chain, allowing farmers, producers and distributors to enter commercial agreements with no risk.Continue Reading
What We Can Offer
Customized combination of sensors, both commercially available and developed in-house, assess and monitor in real-time the physical food attributes and its surroundings down to the individual unit, coupled with the unique ID, smart tagging and anti-tampering mechanisms.
Digitalization of sensor data and of certificate. Digital attributes are handled in parallel to the food throughout the supply chain. All records are made once and forever, immutably recorded in a decentralised, fully-auditable manner, which protects from hacking, data manipulation and fraud.
Commercial agreements within supply chains can be encoded as smart contracts. Based on quality & safety data generated by sensors, contracts will self-execute and any disputes will be resolved automatically, with immediate financial settlement and optional dynamic pricing.
Producers have an overview of all their supply chain processes, data readings and commercial agreements. Intermediaries are aware of the compliance and regulations. Consumers can check quality and origins of the food and ensure its authenticity. All through a single system.
Prof Francesco Stellacci
Director, Food & Nutrition Center, EPFL
Dr Xaver Edelmann
President, Swiss Association for Quality and Management Systems
Alexander Seung Namkung
Programme Director, SparkLabs
From Farm to Fork
Many farmers are producing their items with good practices, such as sustainable agriculture, usage of organic components for their crops or livestock and refraining from GMOs and pesticides. For many, however, these good practices do not lead to premium prices paid by buyers, as they are not recorded properly. Securing labels often requires expensive equipment and relies upon constant control by the authorities or label companies to enforce the required practices.
With Food Blockchain XYZ, verification of quality of agricultural goods is done by our sensors on spot and is immediately recorded on the blockchain. Farmers can get the best deal from their quality products, because now quality and farming practices become transparent and buyers will make better informed decisions.
For many established food companies, the value of their brand is heavily linked to the quality of food people expect from the products. They therefore want to ensure that the products they are sourcing are of the best quality possible and that no cheating or malpractices took place that could compromise the quality of the food. Assessment of quality of food can take place at the moment of transfer of batches of food from suppliers to manufacturers, double checking provided data.
New entrants to the market may want to prove to the consumers that their products are of the highest levels of quality, safety or sustainability, but they may be unable to do so with limited marketing budgets. With Food Blockchain XYZ they could disclose full information about their supply chains from sourcing to processing, allowing the end consumers to verify for themselves the quality and healthiness of their products.
Many risks to quality and safety of food can take place after the batch of food products leaves the production site for distribution and subsequent delivery: storage temperature, oxygen amount, pressure and humidity are but a few parameters that can adversely affect the quality of food. If in the end the customer is not happy with the quality of the food, it will be the manufacturers and their reputation that will suffer, even if the fault was with intermediaries.
Food Blockchain XYZ employs sensing systems that will record in real time all relevant conditions of food storage and condition, allowing food manufacturers to monitor them in real time. Furthermore, in complex supply chains, where products may pass through several intermediaries, our sensors offer unique insights into quality assurance.
Retailers want to ensure that the order of food they make is of good quality. With our sensors they can be fully aware of the conditions of storage and delivery. If conditions of delivery are outside of pre-agreed values, then Food Blockchain XYZ immediately terminates contract and reimburses the retailer or triggers a contract to purchase the same batch of food from another supplier.
Food Blockchain XYZ creates self-executing contracts that will be executed based on the readings that are supplied from our sensors. They allow flexibility from accepting/rejecting items based on certain conditions to offering proportional discount depending on extent of contract violation. This reduces monitoring costs as well as completely removes dispute resolution costs and financial costs of recovering the money.
Consumers have to trust the promises on the package of food. They have to assume all labels are true. But they could never actually take a product in their hand and verify that all the way from farm to the shelf, it has been stored in good conditions. With the Food Blockchain XYZ consumers can see the entire history of the product in their hand: what farm it came from, how the ingredients were sourced and processed, what happened to the product after it left the factory.
Using a simple mobile app consumers will have an entire overview of their product’s lifecycle on their screen. This solution may inform consumers about other aspects they care about, such as the amount of CO2 emissions that took place during the entire supply chain of the product. Finally, consumers can always verify the authenticity of the product by checking it on the blockchain.