Blockchain technology is basically a decentralized record-keeping system. Think of it as a framework used to create software to do tasks, like trading Bitcoin or completing a sale.
BeefChain, a Wyoming-based blockchain company, has now been certified by the United States Department of Agriculture’s Process Verified Program. Software created by BeefChain is now sanctioned by the USDA and provides the highest level of assurance for cattle buyers globally that their Wyoming beef is premium.
BeefChain, a company meshing the world of blockchain with the beef supply chain, received certification from the United States Department of Agriculture (USDA) as a Process Verified Program, confirmed by the certificate BeefChain provided to me, shown below. BeefChain is the first blockchain company to receive such USDA certification.
Tyler Lindholm, Program Manager for Beefchain (a Wyoming-based company that provides cattle producers with blockchain technology that provides immutable proof of source, age, and health of individual cattle), announced today that the company has received certification from the United States Department of Agriculture’s Process
The beef industry, and wider agricultural sector, has traditionally conducted business based on trust – the trust between producer and buyer that animals have been raised as claimed. As producers have expanded globally, that trust has been eroded as it becomes impossible for buyers to know their producers in the same way they used to.
Packaging materials solution company Avery Dennison’s retail branding arm (RBIS) and the Wyoming Business Council have tapped blockchain startup BeefChain to help ranchers who use certain management practices like rotational grazing or grass-finishing to reap the pricepoint benefits that consumers are willing to pay for sustainably-raised beef.
© 2018. BeefChain™ is a registered trademark of American Certified Brands, LLC.