According to foreign media reports on November 12, global freight giant UPS (United Parcel) announced cooperation with HerdX, an agricultural technology solutions provider, in the field of blockchain food traceability. The two companies completed the traceability test of beef from the US to Japan through the use of blockchain technology.
(Source: wikimedia )
HerdX's previously designed blockchain solution monitors the movement and health of animals using readers and validated data through tags attached to animals. For this cargo traceability process, UPS created a visualization tool that integrates with HerdX's blockchain to provide real-time updates of the product throughout the shipment.
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Romaine Seguin, President of UPS's Global Freight Forwarding, said:
The blockchain certification process for international air cargo is very complex and requires a large amount of expertise in customs and freight forwarding. Handling this process is significant for many industries such as catering, food and beverage, and retail.
A few months ago, FedEx executive Dale Chrystie told Ledger Insights that he believed global cargo clearance was an important use of the blockchain.
UPS has a strong network of freight forwarders and is familiar with customs clearance processes in different countries. HerdX's blockchain provides detailed information on the birth and breeding sites of animals and helps farmers monitor animals. UPS delivers transportation solutions by integrating with HerdX to trace the goods using the blockchain and the Internet of Things.
Ron Hicks, founder and CEO of HerdX, said:
UPS's logistics and freight services are available in more than 220 countries and regions around the world, making it ideal for HerdX. This partnership has given HerdX unprecedented scale expansion capabilities and has also broadened the market for cattle farmers in the United States.
In this blockchain test, a batch of beef contained in the UPS temperature monitoring package was shipped from Kansas to Japan. Sensors on beef packaging can record and monitor the temperature of the goods from the origin to the destination. This data is then uploaded to HerdX's blockchain verification platform. Customers only need to scan the QR code on the package to see the origin of the beef and other data.
HerdX was founded in 2010 in Texas, USA. In July of this year, it raised $7.2 million in venture capital. So far, the company has raised more than $15 million.
Currently, several blockchain traceability projects have been put into use.
Last year, blockchain startup BeefChain provided customers with traceable services for buying beef. A few months ago, Korea Telecom and Nongshim Data System established a partnership for the traceability of blockchain food, and the Korean government began to use the blockchain to supervise the beef supply chain. In addition, the World Wide Fund for Nature (WWF) and the Digital Ventures division of the Boston Consulting Group have created a food traceability blockchain called OpenSC.