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Fitz Gate Portfolio Company BlockApps launches agribusiness blockchain network ‘TraceHarvest’ in collaboration with Bayer

By November 23, 2020April 6th, 2024No Comments

BlockApps’ Ethereum-based TraceHarvest Network enhances food quality, safety, and sustainability by bringing supply chain efficiencies, transparency, compliance, and stewardship to agricultural products.

New York/ St. Louis, November 18, 202 (via BusinessWire) – BlockApps, the leading enterprise blockchain platform provider, today announced the launch of the TraceHarvest Network, which is transforming the way agricultural products are managed.
The new blockchain-powered business network was developed in collaboration with Bayer, the leading technology innovator in the agriculture industry, which served as a founding member and active user of the network for live, customer-facing operations over the past two years in regions, including the United States and Brazil, with further plans to expand globally.

With the support of Bayer, this flexible, scalable, and global platform will help farmers of all sizes access new markets and services, increasing their livelihoods through the ability to offer a new premium product. Through access to improved supply chain information, this platform also enables farmers to optimize their own operations. TraceHarvest has the potential to be leveraged for other impactful use cases, such as carbon offset crediting to food safety recalls, promoting both sustainability and customer well-being. Through this platform, information about the lifecycle of agricultural products can provide insights to drive and reward sustainable practices throughout the food supply chain.

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