Cryptocurrencies & Platforms

China’s Food Giant Puts Its First Product On Vechain’s Blockchain

The second-largest China-based food manufacturing company, Bright Food, has had one of its products, Cupid Farm Milk, go live for tracking on BrightCode, a blockchain solution running on top of the VeChainThor blockchain.

 

Source: VeChainWorld

VeChainWorld reports that Bright Food first revealed the new solution at the China International Import Expo in November 2018, and that the latest iteration is a result of several rounds of refinement. Cupid Farm Milk was chosen as one of the first products to be integrated with the BrightCode platform, and other products are expected to follow.

Users can scan the QR code on the milk bottles to trace the path that the product has taken along the supply chain, getting such information as the source of the milk, the environment in which it was produced and so on.

Data from 2014 shows that Bright Food generates an annual revenue of $19 billion. The company deals primarily with food and beverage products.

VeChain is one of the top projects in the supply chain niche, working in several niches like tobacco, luxury goods, liquor, fashion retail and, of course, food and beverages. The project has already participated in several tests with entities both inside and outside of China.

Abhimanyu Krishnan

Abhimanyu is an engineer on paper but a writer by living. To him, the most celebratory aspect of blockchain technology is its democratic nature. While he’s hodling, he can be found reading a good book or making the local dogs howl with the sound of his guitar playing.

Share
Published by
Abhimanyu Krishnan

Recent Posts

Is A Silicon City Tech Giant Behind BlockDAG Network As Its $11.4M Presale Outcasts Floki Inu Price Surge Amid BOME Fluctuation

With Floki Inu's next bull run approaching, investors are closely monitoring its innovative token burn…

9 months ago

BlockDAG Becomes Top Crypto Investment Choice with $9.9M Presale, Beating Fantom & Apecoin

BlockDAG (BDAG) has continued to stand out with its innovative presale strategy, offering early investors…

9 months ago

Render and Dogecoin Price Predictions Defy Expectations As BlockDAG Emerges as the Highest ROI Crypto for 2024

As we venture into 2024, the crypto market is brimming with potential for unprecedented growth.…

9 months ago

Solana’s 20% Trading Spike Sparks BlockDAG Presale Interest While Memeinator Presale Reaches Edge

This analysis contrasts the flourishing momentum of BlockDAG coin's presale against the backdrop of the…

9 months ago

CryptoGames Review: Bitcoin and Altcoin Casino

Ever wondered what it is like to experience the extravagant casino vibes in the comfort…

3 years ago