Dynasty Farms joins food-tracking blockchain

Dynasty Farms joins food tracking blockchain

Dynasty Farms and its partner Pacific International Marketing (PIM) have announced a joint project with iTradeNetwork, which aims to develop a food-tracking blockchain solution. 

The idea behind this project is to combine iTradeNetwork’s blockchain solutions, and Dynasty Farms and PIM’s food products, in order to create a traceable record for each item sold. 

Food-tracking blockchain

With the increased level of security blockchain technology offers, many companies are now looking into ways to incorporate it into tracking solutions.

Food-tracking blockchains represent just one practical application of the technology. So far, iTradeNetwork and its’ traceability blockchain services have attracted big names in the industry like Nestlé and Kellogg’s.

What a food-tracking blockchain will bring to the table for Dynasty Farms is improved record-keeping. Not only that, but customers will be able to trust the origin of the products they consume. 

Currently, Dynasty Farms manages products coming from more than 20,000 acres spread all over the state of California. Once the food-tracking blockchain is integrated, the company will be able to streamline its internal process, while boosting customer trust and satisfaction. 

Thanks to iTradeNetwork’s participation in the project, Dynasty Farms, and PIM will also be able to introduce tech optimization across all levels of production. 

Food-tracking blockchain services are becoming increasingly popular over the past several years. With the release of the IBM Food Trust back in 2017, blockchain confidently entered the food industry. 

In the near future, blockchain solutions will become a norm in the industry, as the benefits they offer are undeniable, both for producers and for the end consumers. 

Tina Yordanova

Tina Yordanova

Back from her stint with European Central Bank, Morgan Stanley, Barclays, Societe Generale, Hilton Hotels, and Aviva International, Tina rejoins Cryptopolitan with a deeper insight regarding the financial world, blockchain enterprises and institutions and practices involved in it. She is eager to share her rounded perspective honed from the biggest media analysis companies on the Balkans.

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