TE-FOOD, a leading blockchain-based fresh food traceability solution has recently announced their strategic partnership with HALAL TRAIL. This partnership will enable the company to track livestock and fresh food from farm to table, through the Halal food chain.
There are currently over 7 billion people in the world, and over 20% of that total are Muslims. The Halal method is adopted by this religious group, and it refers to the permissible or lawful way of preparing food and drinks according to Islamic law.
Recent studies have estimated that the Halal food market will reach USD 2.55 trillion by 2024, largely due to religious reasons. Muslims need a reliable market to seek out trusted, halal certified sources when they buy food.
The TE-FOOD Solution
Company, HALAL TRAIL will be the first of its kind to offer a blockchain-based solution to this industry’s needs, aiming to expand to all global halal markets, providing food traceability and quality verification for the sector.
HALAL TRAIL will give users a provable solution that has been adapted for their community and the supply chain companies that are dealing in the HALAL food market. TE-FOOD enables users a B2B mobile application and an App for consumers to check where their food has been, traceability is key for this industry. This will aim to provide users verification on the credibility of the data stored for consumer and customers alike.
TE-FOOD can offer Muslims, that offers a great deal of peace of mind that their food was prepared according to the Islamic law, all by utilizing blockchain technology.
TE-FOOD is set to pilot two projects in June 2018, HALAL TRAIL utilizing their blockchain in an effort to track Chickens, Lambs in Lancaster, Tunbridge Wells & Manchester, U.K and to eventually be implemented all over the globe.
This partnership is the next step in the TE-FOOD roadmap in an effort for global expansion. Having live operations since 2016 in Vietnam, and over 6000 business customers (including food companies like Auchan, AEON, LOTTE Mart, CP Group, and Big C ). TE-FOOD is a solid, result driven platform that runs on the blockchain to provide supply chain solutions.
TE-FOOD is a farm-to-table traceability solution, covering all logistics and food quality activities and data management of the supply chain. It provides cost-effective software and identification tools to make livestock and fresh food supply information transparent.
TE-FOOD is the only fresh food ecosystem which integrates supply chain companies, consumers, and governments/authorities to improve food safety, eliminate food frauds, and decrease costs of the supply chain companies. Identification tools are applied to livestock, transports, and fresh food packages to follow the items throughout the whole supply chain. Fresh food products in retail can be traced back to their origins together with food safety-related information.
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