FoodLogiQ announces blockchain pilot with industry leaders

By Andrew Woods
Share
FoodLogiQ, the leading SaaS provider of traceability, food safety and supply chain transparency solutions, together with a select group of customers, ha...

FoodLogiQ, the leading SaaS provider of traceability, food safety and supply chain transparency solutions, together with a select group of customers, has announced the application of blockchain to raise transparency within their supply chains.      

AgBiome Innovations, Subway Independent Purchasing Cooperative, Testo, Tyson Foods and others are partnering with FoodLogiQ’s innovation arm FoodLogiQ Labs to research the opportunities and challenges of this emerging technology within the food industry (launch date Q3 2018).

The FoodLogiQ Labs announcement comes on the heels of the company's $19.5million financing March 2018 to accelerate FoodLogiQ's rapid expansion across the food industry. 

Related stories:

FoodLogiQ CEO Dean Wiltse said: “Over the years, input from our customers and partners has been invaluable in helping us make critical improvements to the features and functionality of FoodLogiQ's products, and the same will be true with our blockchain pilot. As a technology pioneer with a legacy of success in enhanced traceability for the food industry, FoodLogiQ will be taking the lead on blockchain exploration within the food space.”

FoodLogiQ Chief Technology Officer Charles Irizarry said: “Virtually everyone has heard the claim that blockchain will revolutionise business and redefine companies and economies, but it is in its infantile stage within the food supply chain. We are finding that companies are jumping into blockchain pilots without first understanding their business problems. We look forward to working with current and future blockchain pilot partners to help them navigate this complex landscape and collaborate on how blockchain can support their unique business.”

Share

Featured Articles

TRACT Secures £11.2M to Propel Agri-food Sustainability

Fresh investment supports TRACT in enhancing tools for sustainability in the food and agricultural sectors, aligning with EU regulations

Spain's Citrus Crisis Impacts Global Juice Market

The devastating floods in Spain have shaken up the global citrus supply, heightening challenges in the fruit juice drinks market

McDonald's: Empowering Students Through Scholarships

McDonald's has spent 40 years supporting students with scholarships & plans to continue, despite Robert F. Kennedy Jr.’s plan to Make America Healthy Again

Starbucks' new Chief Sustainability Officer: Marika McCauley

Drink

Nestlé Presents Growth Plan on its Capital Markets Day

Food

Frozen Food Logistics & the Move to -15°C Initiative

Sustainability