VeChain has announced a partnership with China's Shenzhen Yuhongtai Foods Company. This will enable Shenzhen to track pork products distributed by Meijiada Fresh Foods, a retail subsidiary.
The partnership will see detailed information on how the pork sold by Meijiada and its way to supermarkets with fresh meat products sold by the chain, which will be sold on the same day of the crop.
Unsold products are “systematically collected and processed and will not be sold the next day.”
China Chain Pork Tracking Series
Meijada ToolChain and VeChain blockchain will be used to provide detailed data on the origin, processing and logistics of meat manufactured by Chinese retailer.
Consumers will be able to access the unparalleled data that underpins the supply chain and production of Meijada pork products by scanning the QR code printed on the company's product packaging.
Meijiada and Shenzhen Yuhongtai Foods confirmed that more products will be added as part of the company's future blockchain program.
Distribution of DLT-based supply chain solutions
With the increasing use of distributed core technology, or DLT, competition is increasing between companies seeking to position themselves as a bridge between large firms and the blockchain.
At the end of May last year, Amazon filed a patent for a blockchain-based system designed to track the movement of goods across the supply chain. Apsez, India's largest port operator, has partnered with IBM TradeLens to digitize supply chain operations.
Ontology (ONT) also recently partnered with Spherity, a German digital identity company, to develop supply chain identity solutions.