SourceTrace, AgNext tie up to create tech platform for food chain traceability

SourceTrace, a traceability resolution service provider, has tied up with agri-tech get started-up AgNextto develop a know-how platform ‘TraceNext’ for giving comprehensive food stuff price chain traceability from the farm gates to the purchaser.

TraceNext will help the commodity price chains in tracing of food stuff origin and chain of custody, watch moral and sustainable tactics employed in increasing food stuff between other people, both equally the providers said in a statement. It will also help in authorized and compliance norms, instantaneous high-quality tests on trade and safety parameters, while enabling instantaneous trade choices devoid of any delays and dependencies. TraceNext would also help ensure blockchain and truthful trade tactics in commodity offer chains, the statement said.

Food items safety

“In the coming a long time, traceability is heading to be the most important know-how to ensure food stuff safety. TraceNext is the only resolution that can supply food stuff firms, regulatory bodies and customers all the data they require to ensure food stuff safety. It will also adjust how food stuff firms and customers interact and what data is exchanged. We are wanting at a comprehensive transformation of the food stuff ecosystem,” said Venkat Maroju, CEO, SourceTrace.

SourceTrace has presently carried out traceability options throughout assorted sectors this sort of as fruits and greens, organic cotton, vanilla, aquaculture, flavors and fragrances, spices, honey and much more throughout 28 international locations considering that 2013.

Taranjeet Bhamra, CEO, AgNext, said: “Leveraging the most effective of systems and rules of agriculture tactics, we are signing up for palms to solve the biggest requires of the times, resolving troubles for farmers, agribusinesses and customers alike. TraceNext fills the gap for giving a one particular-halt seamless resolution for food stuff origin and high-quality for efficient trade, procurement, creation and consumption of food stuff. The opportunity to change price chains is limitless.”

Food items safety has been a increasing world wide concern that is only set to rise in the present Covid-19 pandemic. It is in these times that it has turn out to be much more vital than at any time, to ensure unadulterated and risk-free food stuff throughout world wide food stuff chains, it said. International traceability current market was worth $10 billion in 2017 and projected to much more than double to $22 billion by 2025.