The United States Department of Agriculture (USDA) has recognized CattleProof’s “Verified” as the first blockchain-based process verified program.
CattleProof, which operates in Wyoming, uses a distributed digital ledger to track and document information about individual cows.
The technology uses electronic identification tags to collect data from each animal, combines that data with details about the animal’s condition, location, and other characteristics, and stores it all on a tamper-proof blockchain.
CattleProof is the first U.S. company to be approved by the USDA as a process validation program for integrating cattle into blockchain, according to a company post.
When companies like CattleProof need to break through new regulatory standards to sell their products, USDA’s PVP services provide the necessary framework.
This PVP system allows CattleProof to seek regulatory support and be the first company to create a decentralized network for monitoring cattle condition, establishing and presenting a set of voluntary standards for government review. It’s done.
CattleProof is the only USDA integrated with Heartland Payments to directly buy and sell USDA-certified cattle, as well as a digital certificate with a hyperlink to individual animal information that certifies cattle as “Born in the USA.” It claims to offer its own PVP.
CattleProof’s successful application approval demonstrates that the company has demonstrated compliance with existing regulatory standards within the industry and is taking steps to ensure continued compliance as blockchain technology becomes more integrated with agriculture. is shown.
USDA increasingly recognizes blockchain as a core technology for the agriculture industry. As reported, the ministry is proposing amendments to regulations regarding organic products to allow the use of blockchain technology for supply chain tracking.
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The approval of a blockchain-based authentication system by the U.S. Department of Agriculture marks a significant advance in agricultural transparency.
This technology has the potential to benefit African farmers by ensuring product reliability and allowing them to access global markets more efficiently. Enhanced traceability allows farmers to ensure fair prices for their products, reduce the risk of fraud and improve profit margins.
Additionally, blockchain streamlines supply chains, making it easier for farmers to connect with buyers and access the resources they need.
Overall, this system promotes sustainable practices and economic growth, allowing African farmers to thrive in competitive markets.