Value 1: Enable Enterprises To Introduce And Complete Blockchain Proof-of-concepts Efficiently.

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The blockchain-enabled food safety solution powered by VeChain ToolChain™ can provide food industry enterprises with various traceability templates that have been effectively verified, including origin traceability, cross-border traceability, full-process traceability, and more.

The solution covers a wide variety of use cases and sub-sectors in the F&B industry, including fresh food, dairy products, alcohol and wine, imported food, FMCG for supermarkets and retail, and more. Companies can quickly carry out concept verification at little to no lead time and experience the full potential of blockchain technology for their respective sub-sectors.

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Value 2: Facilitate Large-scale Blockchainization In A Fast And Cost-effective Way.

VeChain ToolChain™ provides easy-to-use customizable tools. Food companies can build their exclusive business process easily as “drag and drop”, which greatly saves the development investment, shortens the project lead time and achieves scalability.

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Value 3: Enhance Brand Image And Consumer Confidence On Food Products.

The blockchain-enabled food safety solution powered by VeChain ToolChain™ can improve communication and boost customer satisfaction. Retailers can choose to engage customers by providing access to related product and marketing information stored on the blockchain. This provides increased visibility into product origin, producer, quality, and the like, which in turn can build customer loyalty and contributes to a stronger business-customer relationship.

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Value 4: Unleash New Business Value By Data On Blockchain Platform

The blockchain-enabled food safety solution powered by VeChain ToolChain™ can help food companies exploit value via data generated by their own business. The immutable data on the blockchain enables companies to increase the efficiency of compliance review, government supervision, logistics and supplier evaluation and more. Companies will also gain access to world leading third-party services through the VeChain global partner network, including DNV GL, PwC and Deloitte, and more, greatly reducing the cost of certification, audit, insurance or supply chain financial services.

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As the world’s leading enterprise-friendly public blockchain company and platform, VeChain now has specialization in F&B traceability based on accumulated know-how and refined technology. Joining hands with its strategic partners, PwC and DNV GL, VeChain aims to expand the business globally to address business needs of more enterprises in the food industry.

For more information or business inquiries, please contact: bd@vechain.com

About VeChain

As a leading enterprise friendly public blockchain platform, VeChain began in 2015 and aims to connect blockchain technology to the real world by providing enterprises with blockchain solutions suitable for their business needs and to build a trust-free and distributed business ecosystem platform for business value. With VeChain ToolChain™, a one-stop data BaaS platform, VeChain will continue to promote the large-scale application of blockchain technology, help enterprise clients in digitalization transformation, and eventually realize the long-term vision of enabling the real economy.

VeChain is the pioneer of real-world business applications, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Beijing, Paris, America, Italy and San Francisco. With strong independent development capabilities, and the professional compliance guidance of our strategic partners, PwC (one of the world’s top four accounting firms) and DNV GL (a leading global assessment and certification society), VeChain has established partnerships with many leading enterprises in various industries, including Walmart China, Bayer China, BMW, BYD Auto, PICC, H&M, ENN, Shanghai Gas, LVMH, D.I.G, ASI etc.