Project title: Tracified
Summary: Blockchain Based food supply chain traceability solution implemented on public Stellar. Enables end consumer (and all other intermediate buyers in the value chain) to obtain better insights on the level of credibility of information given about a food item.
- Build a stellar based supply chain traceability system.
- Providing trust through traceability.
- Create on chain supply chain transactions and change of custody.
- Create transparency to the consumers where they know the story about the products that they consume.
- Enable authentic food sellers to communicate their value addition to the customer credibly.
- February 2016 - Inspiration from a boat-to-table project
- July 2016 - PoC for Supply chain
- October 2016 - Won Silver Award under Retail and Supply Management at NBQSA (National Best Quality ICT Awards)
- February 2017 - Crypto economic model
- May 2017 - Started with Sri Lankan Organic Agri producer.
- August 2018 - Token Economy White Paper V.1.0 release
- December 2017 – PoC with Stellar.
- March 2018 - Gateway V.1.0 with Direct proofs
- August 2018 - Launch with Sri Lankan organic Agri provider
- October 2018 - Started with Australian Organic Customer
- February 2019 - Released Tracified Gateway V.1.1 with 8 direct Proofs.
- August 2019 – Released wallet application.
- January 2020 Token economy model – V.2.0
Description: Traditional traceability which is typically maintained for regulatory compliance, certifications and recall management has repeatedly proven to be incapable of ensuring trust in food supply chains. In a world of complex global food supply chains it is increasingly difficult for end consumers to verify that what they eat is safe for consumption and complies to what the label or the menu says. Food fraud is taking place in massive scale as an organized crime.
Recent food scandals have shown that shameful breach of trust can occur in the presence of 'perfect' traceability, whether it is kept as digital record or on paper. Traceability is worth looking at only when it comes from a supply chain where each actor involved is authentically committed to it. Therefore modern traceability is an organizational problem. Lack of a technology that ensures trust in a cross-organizational context hinders todays food supply chains from achieving true Industry 4.0 grade traceability.
Existing blockchain based traceability solutions focus mainly on Proof of Existence which provides a guarantee that data has not been tampered after being inserted into the system. Some solutions augment this with Proof of Certification and Proof of Change of Custody. However, none of them give the customer a clue about how credible are the data added to the system in first place. To address this key issue, in addition to an array of proofs covering all known food fraud techniques, Tracified also provides a blockchain-managed reputation model which links data to people, devices and technologies involved in generating them. We also plan to implement a reward-penalty model that encourages authentic practices in food supply chains.
- An array of proofs including Proof of existence, continuity, certifications, change of custody, etc.
- In-Blockchain tracking of the merge, split and transform.
- Includes supply chain roles: Custodians, Authorities, Oracles, Certification bodies, etc.
- Backed by a crypto-economic model & Web of Trust.
Why Tracified need stellar grants?
- For financing Research & Development
- For experimenting with Stellar
Social Media: https://www.facebook.com/tracified/
Wallet Application: https://blog.tracified.com/index.php/2019/08/16/tracified-wallet-application-v-1-0-release/