OriginTrail is an ecosystem dedicated to making global supply chains work together by enabling a universal, collaborative and trusted data exchange.
OriginTrail's ecosystem is built on Neutrality, Inclusiveness, and Usability – a protocol, an alliance, and a core development company working together to find the common ground for growing businesses.
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In early 2019, the business standards company BSI partnered up exclusively with Trace Labs, the core developers of OriginTrail, to deliver blockchain-enabled solutions. With such solutions, the British Standards Institution (BSI) seeks to enhance its global assurance, certification, and supply chain services by ensuring the integrity of digital records. In collaboration with Trace Labs, BSI is now launching a series of blockchain-based solutions catering to both organizations and individuals aiming to build resilience in their supply chains, a need becoming even more apparent in light of the COVID-19 virus outbreak. Solutions described in the recently released BSI white paper — titled “Instruments of Trust: BSI’s Blockchain-Based Solutions” — enable a secure and trusted way of verifying the authenticity of claimed personal credentials as well as company and product certifications. BSI has also introduced the SCAN Trusted Factory Blockchain Program designed for US importers to ensure the authenticity of a factory’s certification and factory credentials.Read more...
According to Gartner, the business value added by the blockchain will grow to more than $176 billion by 2025. This number is expected to exceed $3.1 trillion by 2030. However, according to Adrian Lee, senior research director at Gartner, as enterprises’ interest in blockchain technology increases, the number of blockchain platform vendors continues to grow with more new entrants. The blockchain platform market is therefore composed of fragmented offerings that often overlap or are used in a complementary fashion, making technology choices confusing for IT decision-makers.Read more...
The second quarter of 2020 saw the world economy collapse in an unprecedented way due to the COVID-19 global outbreak and the supply chain interruptions that ensued. The management behind the OriginTrail core development team has quickly implemented all measures to secure the safety of its team members and make sure all development and business operations run without impediments. The past quarter has definitely been the most defining time period in OriginTrail’s seven-year history as it challenged the way we traditionally developed products and business. However, it also introduced tremendous opportunities. Global supply chains are complex and no organisation, big or small, will be able to disregard the levels of opacity exacerbated by the “new normal” the post-COVID-19 world is creating.Read more...
Organic food production is one of the most sustainable agricultural practices. It focuses on providing healthy food, benefiting and protecting the environment, ensuring the well-being of farm animals, as well as promoting social and ecological fairness. These production practices bring many benefits and provide quality, healthy food with higher added value. But, because of inefficient food traceability systems currently in place, a lot of this value is lost both for farmers as primary producers as well as for consumers who have less certified organic food available to them.Read more...