VeChain's ToolChain technology will be used at Meijiada Fresh Foods stores, which is owned by Yuhongtai Foods Co. Ltd.
Transparency for Pork Market
The solutions developed by VeChain (VET) will be utilized to verify the supply chain data of readily packaged pork products. VeChainThor blockchain will store all the data about its origin, processing flow, logistical information, and date of packaging.
All information collected will be printed on the packages in the form of a QR code. This novelty will address the problems of insufficient visibility and transparency for processing companies.
VeChain-powered solutions will also be utilized to expand Yuhongtai's selection of e-commercial sales of meat products. In addition, blockchain-based storage of meaningful data will improve the firm's reputation.
Initially, the blockchain-based solution will be only implemented with supplying the most expensive brand of food, Yuncha Minzhu. Every purchaser will be able to scan the QR code and obtain all the information about the freshness and features of the product. The companies are planning to add new lines of products to this program.
Real-World Adoption: Traceable Use-Cases in Blockchain
This partnership, which is designed to serve the needs of 12 million city people living Shenzhen as well as the People's Republic of China (PRC), will be another crucial milestone for VeChain (VET) and in terms of adoption with real-world business practices.
As previously reported by U.Today Crypto News, VeChain inked a lifetime partnership with pharmaceutical mogul Bayer China.
ToolChain, the Blockchain-as-a-Service (BaaS) modular service, will maintain the data and guarantee the integrity of clinical drug trials. To avoid any kind of corruption or data leaks, the platform will track all stages of such trials, from the producers to the end customers.
VeChain (VET) instruments are also used in the Microsoft-developed gamebook "The Eye of The Tiger".