Connect with us

Blockchain

WWF Australia To Track Food with Blockchain

Saad Ullah

Published

on

World Wildlife Fund Australia (WWF Australia), will be using blockchain for food supply chain purposes. This was announced by the organization through a tweet on 17th January.

Partnering Supply Chain

WWF Australia partnered up with BCG Digital Ventures, a investment division of the Boston Consulting Group, to create the blockchain platform. Dubbed OpenSV, the platform allows businesses to have end to end tracking of their produce, while also giving consumers and customers the ability to check the origins of the product. This, according to WWF Australia, is done through a “unique blockchain code at the product’s point of origin.

Through creation of a unique QR code for every product, the platform allows producers to use the code that is connected to the blockchain at its end. The products are tagged before leaving the producer premises, containing information such as type of food, origin, package and expiry date.

Customers can use the QR code to scan and verify the origins and other data of food products.

Through OpenSC, we will have a whole new level of transparency about whether the food we eat is contributing to environmental degradation of habitats and species, as well as social injustice and human rights issues such as slavery.” Said CEO WWF Australia, Dermot O’Gorman.

Beyond Food

The OpenSV will be presented in front of world leaders during the World Economic Forum in Davos, Switzerland. Eventually confined to food products, the platform is planned to go beyond food and cater for other items such as palm oil and timber.

Blockchain has been proven to help in food supply chain. Nearly two months ago, Food and Drug Authority (FDA) of U.S.A. turned towards blockchain after an E.Coli outbreak in some lettuce produce. The FDA decided to use the technology since it would have allowed markets to better track the leafy grocery and pin point the exact farm and location where the outbreak would have started.

Continue Reading
Comments
Blockchain3 weeks ago

IMF Warns Malta on “Significant Risks” of Crypto Growth

jeans
Blockchain3 weeks ago

Levi Strauss and Harvard to Trial Factory Safety on Blockchain

Blockchain3 weeks ago

Leaked Samsung S10 Pictures Show to have Crypto Wallet

Cryptocurrency4 weeks ago

Cryptocurrencies Deserve Finding “Sustainable Future in Economy”: NASDAQ CEO

Blockchain4 weeks ago

Brazilian Expert: Blockchain Offers “Greater Proximity Between Doctors and Patients”

Blockchain4 weeks ago

UN Report: “Cryptocurrencies Represent a New Frontier”

Blockchain4 weeks ago

Blockchain Based Supply Chain in Consideration by SEAT Automotive

Blockchain4 weeks ago

WordPress Launching Blockchain Based Platform

Blockchain1 month ago

WWF Australia To Track Food with Blockchain

Cryptocurrency: Bitcoin: TheTradable
Blockchain1 month ago

Russian Prime Minister Says 2018 Not A Reason to Bury Crypto

Cryptocurrency1 month ago

Bulgaria Imposes Taxes on Cryptocurrency Gains, Seeks 10%

Blockchain1 month ago

IBM Announces 2 Blockchain Projects with LG and Ford to Fight Child Labor

Blockchain1 month ago

Spanish Power Company Iberdrola Uses Blockchain for Renewable Energy Tracking

Bank
Banking1 month ago

HSBC Performed USD 250 Billion in Forex Transaction Using Blockchain in 2018

Bitcoin Trading1 month ago

Dormant Bitcoin Whale Wallets Getting Active: Another Crypto Crash Imminent?

China's GDP Growth: Investing
Blockchain1 month ago

Anonymity Be Gone: China Issues Registration for Blockchain Companies

Blockchain1 month ago

Mongolia’s Capital Turns to Stable Coin for Instant Money Transfers

Blockchain1 month ago

NASA Proposes Air Traffic Management Through Blockchain

Banking1 month ago

Telenor Pakistan Starts Remittance Services Using AliPay’s Blockchain

Cryptocurrency1 month ago

5 More Banks Join Ripple Network

Like us on Facebook

The Trending Posts

Pin It on Pinterest

Share This