Copy link
Increase text size
Decrease text size
Link copied

Australia’s NTI joins blockchain trial on end-to-end beef traceability

Tue, 11 Dec 2018, 03:24 am UTC

National Transport Insurance (NTI), a provider of truck insurance for Australian transport businesses, has announced that it is participating in a blockchain trial aimed at boosting food safety, improving animal welfare and monitoring export security for Australian beef.

This marks yet another instance of leveraging blockchain technology to enhance the transparency of food products throughout their supply chain.

Australian blockchain startup BeefLedger is going to deploy a pilot initiative that will focus on end-to-end tracking of premium Australian beef, abroad.

Founded in 2017, BeefLedger is a platform developer and technology integrator. The startup is rolling out a blockchain technology, packaging innovations, Internet of Things digital system to improve product credentials and supply chain performance. According to its official website:

“BeefLedger is developing and commercialising an integrated blockchain-enabled beef provenance platform and smart contracting payments regime that streamlines payments and strengthens consumer confidence in product credentialing.”

The pilot run will involve the transport of premium live cattle South Australia’s Limestone Coast to the processing facility at Casino in New South Wales and frozen to Shanghai, for consumption.

“We’re excited by the prospects this presents across several streams of Australian industry: agriculture, animal welfare, transport & logistics,” said NTI CEO Tony Clark. “While it’s early stages, we’re optimistic of the outcomes and learning, and what it potentially means for Australian suppliers, exporters and consumers.”

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $8,678.67 (-5.01%)
  • Ethereum (ETH) $165.46 (-6.04%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $331.31 (-5.06%)
  • Bitcoin SV (BSV) $269.53 (+5.08%)
  • Bitcoin (BTC) $8,678.67 (-5.01%)
Jan 17, 2020 (Friday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Crypto dealer SFOX announces new service for investors and wealth managers
Binance in talks with TaoTao and Z Corporation for strategic partnerships in Japan
Crypto Technicals: NEO/USD set to scale new highs, 200-DMA breakout confirms bullish trend
Crypto exchange Gemini launches own insurance company "Nakamoto"
eToro, Radar and OKCoin join Coinbase-led Crypto Rating Council
Huobi joins Blockchain Turkey Platform (BCTR)
U.S. authorities urged to investigate crypto use in funding domestic terrorism and extremism
Calibra, Anchorage, Bison Trails executives elected to Libra’s new technical steering committee
Crypto Technicals: LTC/USD bounces off 5-DMA support, eyes next major hurdle at 200-DMA (65.43)
U.S. lawmakers seek tax exemption for crypto transactions under $200
Former CFTC Chair launches Digital Dollar Project in partnership with Accenture
Crypto Technicals: ETH/USD resumes upside after brief pause, eyes 23.6% Fib at 174.83
Uzbekistan to launch national mining pool and licensed cryptocurrency exchange
Crypto Technicals: BTC/USD extends sideways below 200-DMA, bias bullish
Garanti BBVA conducts real-time blockchain transfers using Takasbank's BiGA Platform
Jan 16, 2020 (Thursday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Litecoin Foundation, BlockFi partner to bring more liquidity to users
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.