The VeChain Foundation has become the newest council member of the China Animal Health And Food Safety Alliance (CAFA).
A notification released on September 17, stated that Vechain will offer its services like blockchain technology, technical support, and infrastructure support to all other the members of CAFA.
130 Companies Allianced With CAFA
As per the report, there are over 130 companies, which include Chinese subsidiaries of Starbucks, McDonald’s and Walmart, that have an alliance with the CAFA.
The first alliance member of VeChain will reportedly be using its ToolChain. The supply chain tracking project believes that soon it will attract more alliance of players who are utilizing the services of VeChain.
It is to be noted that the public statement released by the company neither includes any further details regarding VeChain’s first partner nor the scale of their partnership.
Presently, the CAFA has been using the Food Trust Traceability Program.
In June 2020, the US poultry producer Cargill used QR codes on CAFA to trace down ‘Chicken 2.0’ in China. Cargill wanted to help the consumers by informing them about the hatchery, farm, production and environment data, certification and test reports, therefore, he was tracking ‘Chicken 2.0’
VeChain To Develop New Traceability System
Vechain will develop a ‘from-farm-to-table traceability system’ for CAFA using its ToolChain platform. This system would be developed on the existing Food Trust system across China.
VeChain, in its public statement, has mentioned, “All enterprise members of the alliance will be capable of logging key processes of food products onto the blockchain in an immutable and secured way, bridging trust between consumers and the enterprises.”
It further stated that the members can start tracing from cultivation, processing, packaging and many more things.
Before CAFA, many firms like Walmart China, car manufacturers BMW and BYD Auto, H&M, Haier and many other companies have used the traceability platform of VeChain.
The supply chain racing project has also collaborated with firms like PwC and DNV GL.