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Foodchain

The AI engine Fit Assessment

Beta

Foodchain engages in food innovation, sustainable production practices, and develops technology-driven solutions, utilizing blockchain technology for enhanced traceability and safety.

Blurb

Developer of a supply chain management platform designed to offer blockchain-based traceability service for the food supply chain. The company's software allows access to the story of a product to discover its real path throughout all supply chain processes using QR codes, enabling producers, logistics companies, and consumers to trace and digitally authenticate food products.

HQ Location

Lomazzo (Italy)

Founded

2016

Employees

1 - 10

Total funding raised

Not available

Funding Status

Not available
Subspaces
  • Food Safety Technology

At Foodchain we strongly believe the blockchain technology can improve the world and all the aspects of our lives. Foodchain is a blockchain-based ecosystem for supply chains that ensures data workflows in an efficient, trustworthy and transparent way facilitating the handling of goods tracking them throughout production and distribution processes. It provides the tools to achieve traceability of materials and products ensuring origin, attributes and compliance with standards by forcing accountability along the supply chain. By using a distributed ledger technology, Foodchain network can interface with third parties supply chains providing the ability to monitor physical items and transmit data associated with them, enabling transparency at any point of the supply chain and allowing buyers to be engaged at the point of sale. Foodchain network collects data from sensors and tags like QR codes, RFID and NFC and assures full integrity of the readings and compatibility with third parties existing software. Foodchain is a vertical application that focuses on the food industry however it is part of a broader decentralized network that extends into various fields of the internet of Things. In fact, the same protocol is applied to track objects throughout any kind of supply chain or to support the management of digital assets such as digital ID, banking transactions and cloud data storage. Besides a willing and skilled development team, Foodchain can actually rely on a trustful network of consultant and advisors which collaborates in the creation of our open source network.