VeChain announced a blockchain-based food safety solution ToolChain

VeChain launches its market ready, blockchain-enabled food safety solution based on its one-stop data Blockchain-as-a-Service (BaaS) platform VeChain ToolChain™, according to the announcement on August 7.

The solution includes traceability templates which track things like origin traceability, cross-border traceability, full-process traceability, and more. They have high hopes that the tool will be useful for many sub-sectors and products, such as fresh food, dairy, alcohol and wine, and imported food.

“The solution allows blockchain technology to be deployed in the food sector with the fastest lead time compared with any other platform in the industry. The VeChain ToolChain™ powered Food Safety Solution integrates VeChain’s industry-leading technology and experience with business-ready technical features, solving the most urgent needs for the food industry in this new era”, the company’s blog said.

The foundation is also providing built-in, ready-to-use templates modelled for food cultivation, processing, packaging, logistics, retail, and more.

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