TE-FOOD technology brings halal food chains on blockchain
TE-FOOD’s technology will be utilised on two pilot projects in June 2018 with HALAL TRAIL™️, a UK based company, to track chickens and lambs from farm to table, through the halal food chain.
The pilots will be implemented through a new collaboration with HALAL TRAIL who have developed innovative halal traceability solutions with TE-FOOD. HALAL TRAIL will be the first solution to expand to all global halal food markets, and provide food traceability and quality verification services for the sector.
From the 7.6 billion people in the world, almost 2 billion are Muslims. The halal method in the food industry refers to the permissible or lawful way of preparing food and drinks according to Islamic law. Due to religious reasons, this enormous market of Muslims consciously seeks trusted, halal certified sources when they buy food. Their motivation to check the source is very strong.
According to industry estimations, the global halal food market will reach USD 2.55 trillion by 2024.
Food traceability combined with blockchain technology is the solution which can give Muslims peace of mind that their food was prepared according to Islamic law.
TE-FOOD’s traceability processes were specifically developed for HALAL TRAIL to trace halal food. The solution is under testing before the pilots start in June 2018.
TE-FOOD and HALAL TRAIL will create the pilots in Lancaster, Tunbridge Wells & Manchester, U.K. as a reference to be implemented globally.
TE-FOOD is the world’s largest farm-to-table food traceability solution. Started in 2016, it serves 6000+ business customers, and handles 400,000 business transactions each day.