On Nov. 18, blockchain solutions provider BlockApps launched a blockchain-based agricultural crop tracking network called “TraceHarvest” — and one of the largest companies in the world, Bayer, is among its first users.
TraceHarvest reportedly provides users with the ability to trace the life cycle of agricultural products starting from the source of seeds, all the way to defining the responsibilities of each party involved in the supply chain. The platform also provides users with information in real-time, ideally mitigating problems associated with manually tracking crops.
TraceHarvest is open to all participants in the supply chain such as farmers, dealers, manufacturers, distributors, and technology providers, and also aims to provide farmers with the opportunity to enter new markets and generate additional income.
Besides tracking crops, the platform can be used for environmental and consumer protection — for example, carbon offset credits and food safety recalls. Additionally, the company hopes that the data stored on the platform can be used by