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What is TraceX?

TraceX offers an all-inclusive range of blockchain-based, data-driven platforms aimed at digitizing and securing each stage of food and agricultural supply chains, thereby fostering sustainability, transparency, and compliance with regulations. This adaptable framework features an EUDR compliance platform designed specifically for deforestation-free due diligence and reporting, a digital MRV platform that guarantees precise measurement, reporting, and verification of carbon initiatives, a sustainability platform that aids in aligning with the SDGs while delivering actionable insights, a food traceability platform that guarantees total product visibility and authenticity, and a farm management platform that automates real-time operations from planting through to harvest. Moreover, all stakeholders in the supply chain—including farmers, processors, traders, and consultants—can easily add, access, and share immutable records on TraceX’s proprietary blockchain network, creating a singular source of truth that enables scalable and credible impact. By weaving these components together, TraceX not only boosts operational efficiency but also encourages collaboration among various stakeholders, driving them towards a more sustainable future. Additionally, the integration of these innovative solutions positions TraceX as a leader in revolutionizing the agricultural landscape.

What is IBM Food Trust?

IBM Food Trust operates as a collaborative network that unites a variety of stakeholders, including growers, processors, wholesalers, distributors, manufacturers, and retailers, with the aim of enhancing transparency and accountability across the food supply chain. By leveraging IBM Blockchain technology, this cutting-edge platform creates secure, immutable, and shared records that outline the origins of food, along with transaction and processing data, thereby establishing robust connections among its participants. This capability for product tracing throughout the supply chain not only allows for the secure exchange of documentation between business partners but also boosts consumer trust in the brands they choose. Furthermore, it enables the monitoring of food waste and the recovery of surplus, effectively targeting waste hotspots through the use of essential data insights. The system also emphasizes safety and compliance with regulatory standards, helping to avert product recalls while improving the overall efficiency of the food network by removing bottlenecks in the supply chain. By raising awareness of sustainable practices and opportunities at every phase of food production, it plays a significant role in fostering a more responsible and eco-friendly industry. Additionally, IBM Food Trust empowers all participants to make informed decisions that support a healthier food ecosystem, ultimately benefiting consumers, businesses, and the planet alike.

Media

Media

Integrations Supported

Integrations Supported

iFoodDS

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

$2000 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

TraceX

Date Founded

2019

Company Location

India

Company Website

tracextech.com

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/supply-chain-intelligence-suite/food-trust

Categories and Features

ESG

Not specified

Farm Management

Not specified

Food Traceability

Not specified

Sustainability

Not specified

Categories and Features

Food Traceability

Not specified

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