veriTAG

veriTAG

Created using Figma
Created using Figma
Next generation food ecosystem powered by blockchain. Transacting faster, cheaper and more securely for buyers and sellers through vtag.
ICO
Oct 31, 2018
Jan 15, 2019
100% completed
Raised funds - no Data
Cap 5 000.00 ETH
Hard cap 25 000.00 ETH
past
Token Details
Accepted Currencies
ETH, BTC, FIAT
Company Details
Registered Country
Singapore
Additional Details
KYC
Yes
Categories
Platform

About 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.

Features

A unique patented Cloud tagging solution is embedded in product label to track food products. Product tracking info are stored in blockchain which are immutable and are used to determine food origin, expiration date and other key info that concern food safety and authenticity.   A one-stop food supply chain platform is built using the latest blockchain technology to link all supply chain participants with trust and transparency which creates a cost-effective way to import food into China, and it will be expanded into Thailand, Canada and Vietnam in near future.   A dual token approach is adopted to create efficient tokenomics. A transaction token, called “vtcash”, will be introduced to pay for services within the supply chain ecosystem. It is pegged to the US currency (USD) to provide services with stabilized prices. Preservation of vtag token scarcity in the ecosystem which is directly related to its value is the key.   Secure, scalable and robust enterprise-grade blockchain platform for food supply chain and food tracking cross geolocations. A custom wallet is used to securely hold tokens and perform token transactions. The ecosystem can easily and securely onboard new food products, new supply chain participants and add new supply chain networks; it can be extended for non food products in future.  

veriTAG Roadmap

  • 2013

  • veriTAG
    Developed veriTAG embedded Cloud tagging solution.
  • 2015

  • veriHUB
    Developed veriHUB, one stop food import hub solution for China.
  • 2017

  • veri$HOP
    Developed veri$HOP, a WeChat mini app that links customers with merchants for shopping and interactions.
  • August 2018

  • veriTAG Blockchain for food tracking
    Setup veriTAG blockchain and API Gateway;
    Developed veriTAG blockchain smart contracts;
    Developed APIs for veriTAG blockchain smart contracts.
  • Read More
  • December 2018

  • veriHUB Blockchain for food supply chain phase 1
    Setup veriHUB blockchain;
    Develop Token Exchange within veriHUB blockchain;
    Develop veriTAG wallet;
    Develop token smart contract;
    Enhancements for veriTAG blockchain.
  • March 2019

  • veriHUB Blockchain for food supply chain phase 2
    Expand veriHUB blockchain network;
    Enhance Token Exchange within veriHUB blockchain;
    Enhance veriTAG wallet;
    Develop veriHUB blockchain smart contracts for food supply chain.
  • September 2019

  • veriHUB Blockchain for food supply chain phase 3
    Future enhancements;
    Bring veri$HOP onto blockchains.

Activity

Posts:
178
MEDIUM
Followers:
51
VERY LOW
Likes:
44
VERY LOW
Followers:
18
VERY LOW
Tweets:
114
MEDIUM
30 Days Growth:
2
Members:
6 574
HIGH
30 Days Growth:
-469
Year commits:
46
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

veriTAG Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Jason Lim
Singapore/China
unverified
Patrick Chong
Singapore/China
unverified
David Peter
Singapore/India
unverified
Duong Van Sang
Vietnam
unverified
Virginia Tan
Singapore/China
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Evan Go
China
unverified
Hu Ke
Singapore
unverified
James Ong
Singapore
unverified
Chuang Pei-Han
Malaysia/Singapore
unverified
Branson Lee
Singapore
unverified
Kazutaka Mori
Singapore
unverified
Bruce Lu
Singapore
unverified
Jeffrey Tan
Singapore
unverified
Yumi Kitahama
Singapore
unverified

veriTAG Last News

N/A
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