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What is Tracified?

Tracified harnesses Blockchain technology to establish a robust platform that streamlines information flow across supply chains, incorporating a distinctive crypto-economic framework. This forward-thinking model features a system of rewards and penalties to guarantee that advantages are fairly distributed among all supply chain stakeholders. Furthermore, the platform's flexibility enables it to be customized to address individual business needs, thereby enhancing its overall effectiveness. Tracified differentiates itself as the sole blockchain solution that not only provides comprehensive auditability and data immutability but also guarantees the authenticity of the information. The system employs mathematical safeguards to protect data from any tampering attempts by external entities. Participants who contribute reliable data receive rewards, while those who deviate from established guidelines incur penalties. Additionally, the blockchain framework ensures that businesses have complete ownership of their data, with the guarantee that even Tracified's developers cannot modify it. By cultivating a reliable atmosphere, Tracified encourages improved collaboration and operational efficiency within supply chains. With its cutting-edge technology, Tracified is poised to redefine industry standards and elevate supply chain management to new heights.

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

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
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Tracified

Company Location

United States

Company Website

tracified.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

Food Traceability

Not specified

Categories and Features

Food Traceability

Not specified

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