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TE-FOOD is the only fresh food ecosystem that integrates supply chain companies, consumers and government authorities to improve food safety, eliminate food fraud and reduce costs for supply chain companies. Identification tools are suitable for livestock, transport and fresh food packaging to track items throughout the supply chain. Retailed fresh food can be traced back to the origins of information related to food safety.
Tokens will be used as a medium of exchange between businesses, but will also be rewarded to customers who use the app to scan the food they receive to ensure quality.
At the same time, these tokens can be used on the platform to purchase higher quality information and food quality analysis services. This provides more incentives for consumers, which in turn provides incentives for businesses to use the service.
Quality should be determined based on how many partners there are to guarantee the value and the quantity of consumers/markets. The more apps/tracking services a company uses, the more it will require a large amount of tokens to increase demand and thus price.
TE-FOOD will train businesses, farms, suppliers, slaughterers and transporters, scan and log in livestock through applications and QR codes and other fresh foods from the starting point (i.e. the farm) to the processor (i.e. the butcher) to the market, and in between.
The goal of this practice is to provide transparency (geographical and long-term) to all parties involved, including markets focusing primarily on food travel times.
And consumers, they want to know what their food is like. They can then scan and verify the timeliness and quality of food delivery to the market.
TE-FOOD already has a working solution, including B2B (business to business) and B2C (business to consumer) applications, currently used to track and display agricultural products and livestock every step from farm to market.