November 11, 2019 by Océane
On the occasion of the salon International Import Expo 2019 as China, the leaders of VeChain, a platform Blockchain offering digital solutions and decentralised supply, has announced the launch of Foodgates, a structure of logistics and trade: the intercontinental, which will be used to monitor and regulate the trade flows between China and France.
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A logistics network that embeds the technology Blockchain
Many of the companies in the great distribution have requested that the virtues of the Blockchain to ensure the traceability and good supply management in recent years. Wal-mart, Casino, Carrefour and other wineries were to trust the Blockchain to ensure such transparency at the level of the supply chain.
In the same perspective, VeChainThor, one of the companies that exploits the potential of the Blockchain for logistics has recently announced the launch of FoodGates, a management structure of the intercontinental trade, which will be used by major importers to facilitate the monitoring of supply cross-border.
The beginning of our wonderful evening in #Shanghai with officials, the media and the distributors of the chinese market to present the ecosystem blockchain developed by #ASIGROUP, @DNVGL @vechainofficial @YounicornsIO ! ?
— Foodgates (@foodgates) November 8, 2019
A project that falls within the framework of the franco-chinese
The development of Foodgates meets a business need urgent between different countries in the eastern and western. Moreover, its presentation at the salon International Import Expo in China coincides with the announcement of the expansion of trade agreements between France and China during the visit of the French president this week.
In this perspective, FoodGates, jointly developed by VeChain, the office of logistics ASI Group and the certification body DNV GL, will participate actively to the optimization of these exchanges between the two countries. Note that the Blockchain is a technology that is digital and decentralized, which allows it to verify, secure, and perform data transfers in total transparency.
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