veriTAG

Food supply chain is one of most complicated verticals as a result of the intersection of diverse cross-border documentation formats, regulations and approving authorities. As most fundamental of human basic needs, there should be no compromises when it comes to food safety and efficiency. We believe in the fundamental rights of every human beings to have access to food that are safe for consumption. This is more apparent and especially vital when food is delivered cross borders. veriTAG aims to help developing or developed countries ensure the vision of where rights trump profitability. Incorporating of blockchain technology into Food supply chain creates most desirable outcome to solve the immediate society needs. 

We are confident and committed to commercially and viably scaling our blockchain solution and capturing a huge food industry.Our vision is to provide a Blockchain and Token enabled food trading and service platform for Safe food at best price with best quality. Blockchain is a cryptographically secure distributed ledger technology that allows businesses and government to streamline their business processes built on top of a new generation of applications and cross entity services. It provides trust, accountability and transparency by using a shared ledger among the distributed network of participants. We believe the power of the blockchain will fundamentally change the way we interact and conduct business.We have enabled a food tracking system on blockchain (veriTAG blockchain), allowing key parties to form part of the immutable authentication system.

As mentioned, efficiency is another key area. Food safety via tracking, complements our aim to build an inclusive ecosystem in which veriHUB partners can access this technology in a cost-effective manner. The blockchain platform will provide sellers, buyers, logistic service providers, marketing companies, corporates, financial institutions and government entities easy access to a platform that provides smart contracts, trade services, certification services, trade payment and trade finance. Ultimately, our goal is to be the Alibaba for food, bringing in real quality food into China.