The first homegrown blockchain solution for the food and beverage industry
With 20 years of experience managing the challenge of fresh for all types of participants in the perishables supply chain, iTradeNetwork is launching the first homegrown blockchain solution for the food and beverage industry.
Working with our network of 5,000+ grower/shippers, food manufacturers, distributors, operators, retailers, and logistics providers, our extremely deep perishables data lake forms the foundation of our blockchain. From our GS1 Data Pool, standard catalog for perishables, and our suite of traceability applications deployed in the field to our flagship procurement solutions, inspection analytics, and consumer engagement data at the shelf, the iTrade Blockchain delivers peace-of-mind and confidence about what we consume. But it does much more. It also reveals unrivaled supply chain insights to improve our customers’ top and bottom lines.
Growers & Shippers
We are the system of record. Period.
Other blockchain providers do not have the native traceability, order management, quality inspection, and analytics applications iTrade has to offer. That means we capture data directly at its source rather than rely on third-party data integrations or manual processes to enter data into the blockchain ledger. This makes our data truly immutable. Based on our 20 years of experience in the food and beverage supply chain, we are experts and our established network allows for collaboration across the supply chain.
iTrade’s blockchain is built on Hyperledger Fabric, the emerging ‘backbone’ of blockchains for business. Not only is it the best structure under which to protect, control, and share the vast amount and variety of food data we capture through our native applications, it also makes it possible to share food supply chain data across blockchains.
Firewalls between blockchains shouldn’t stand in the way of consumer confidence in the safety of their food, nor should they make it harder for supply chain participants to learn from their products’ journeys and make our food even safer and more trustworthy. With Hyperledger Fabric as a common framework and industry-recognized GS1 standards to write to the blockchain ledger, the iTrade blockchain is designed for interoperability. It can act as your blockchain and provide data to other ones as well.
Put simply, it’s a secure, shared, uneditable listing of events describing the journey of a product from its point of origin to its ultimate destination. Specific activities and transactions occurring along the product’s path are chronologically recorded in “blocks” of information that are linked together as part of an unchangeable ledger for any permitted participant in the blockchain to access. The ledger serves as the immutable history of a product, and you can see whatever parts of that history you are granted access to view.
Contact us to learn more about iTrade Blockchain
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