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Home Altcoins

Over 3 Million Tomatoes In Italy to be Tracked by VeChain Blockchain

by Adeniyi Olowo
July 20, 2020
in Altcoins, Blockchain, General News
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Thanks to the partnership between Italian agriculture associations, Industrie Alimentari and Coldiretti, tomatoes in Italy are going digital with blockchain, and over 3 million tomatoes produced via Princes plant every year will now be tracked with VeChain blockchain technology, a release has said.

Coldiretti and Princes Industrie Alimentari signed a three-year supply chain deal dedicated to the development of a blockchain-based traceability platform to enhance and promote made in Italy products.

The blockchain-based project was designed by Tokenfarm, an innovative initiative of the largest agricultural entrepreneurs association Coldiretti. According to a release on the development, the project will be designed to replicate the Industry 4.0 challenge scheme which Coldiretti was established for. This will help all parties involved in each product be guaranteed.

Coldiretti said it will be achieving this with the help of VeChain, its strategic blockchain partner. The first testing of the project has been successfully executed, and Coldiretti said it is convinced that it is the right route to guarantee the quality of tomatoes in Italy.

The executive director of Tokenfarm and economic head at ​​Coldiretti, Pier Luigi Romiti, said the project has been in the development stage for a year and a half, and it has involved about 300 companies, 17 cooperatives and six associations of producers who would be using the VeChain-based blockchain platform to track their supplies.

While over three million quintals of tomato are made via the Princes plant every year, ​​Coldiretti said the farmers that it trained during the COVID-19 period on the use of the platform and how to insert produce data on the blockchain are set to adopt the innovation.

VeChain to be deployed via Tokenfarm

VeChain blockchain is to be deployed via Tokenfarm an innovative startup within Coldiretti that is a major member of VeChain technology in Italy. 

According to Tokenfarm CEO Pier Luigi Romiti, the partnership comes at the best time as the firm continues to make strides into tech 4.0. 

He also referenced the startup had begun tests towards asserting the right cause of action. 

Furthermore, Coldiretti revealed that the firm was looking to get more computer registers that would guarantee aesthetic qualities while care must be taken to resolve common issues. 

This partnership is great for Vechain, the startup has begun to make huge strides in Italy. 

NewsLogical had reported last year that Vechain had already sealed a partnership with some of the top wine providers in Italy.

Tags: Prince IndustrieVechainVET
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