BUSINESS CHALLENGES
Industry Problems and Pain Points

Lack of Transparency

Information asymmetry remains a problem between enterprises and consumers, since enterprises can tamper with the data at their own will, thus increasing the cost of trust between consumers and enterprises.

Potential Food Safety Problems

Lacking effective monitoring, food safety hazards may be introduced into the food supply any time during harvesting, processing, transporting, preparing, storing and serving food.

Low-level Digitalization

Enterprise production and management rely entirely on manual and paper documents. Digitalization is an effective way for enterprises to improve management efficiency and reduce costs.

VECHAIN
Solution Overview
  • By leveraging blockchain technology, IoT equipment, and the enterprise's own business system, Consumer Confidence Index Platform can keep track of the entire lifecycle of the products, and manage the quality and safety information effectively.
  • Through this platform, we can facilitate the digital transformation of the enterprises. In addition, consumer feedback and big data will be utilized to improve the quality of the goods and services themselves, bridging the gap between legal authorities, product makers, and the end-user market.
  • The Confidence Index is calculated based on an industry standard set by DNV GL combined with consumer-generated feedback. Together, this data covers the entire lifecycle of the product, through source, production, logistics and consumption.
ADVANTAGES

Rebuild Trust

With blockchain technology, we can reduce tampering or interference at every stage of the supply chain, and build an open, transparent, reliable, and traceable system.

Ensure Food Safety

We can assist enterprises in achieving effective logistics management. For the food that needs to be transported within specific temperature and humidity ranges, data will be collected and uploaded to the blockchain through IoT devices.

Consumer Interaction

The user's purchase records and user experience will be stored on the blockchain.

Professional Evaluation Model

Designed and developed by DNV GL. With this model, we can provide valuable information for consumers to facilitate product quality assessment and purchase making.

Ecosystem Management

Based on the platform, we will build a blockchain-based future business ecosystem that is secure and trustworthy.

Theme

VeChain Solution

Traditional Food Industry

VeChain
Solution
Traditional Food Industry

SUCCESSFUL CASES

My Story™

Consumers are increasingly looking to the products they buy to confirm brands’ promises and to ensure the brand is honest and responsible. Brands are struggling to communicate the efforts and investments made to build a sustainable high-quality product, and struggle to connect these actions to specific products. My Story™ is communicating the value behind certifications and labels, as well as creating engaging touchpoints between consumers and the brand. My Story™, an application developed and run by DNV GL on VeChainThor blockchain, helps brands bridge the trust gap between their efforts and consumers’ concerns.

More Info and Demo

Contact a consultant to learn more about the solution and to discuss a demonstration.

Contact a Consultant
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