OriginTrail (TRAC) Food Data Market goes global with EU Commission’s NGI Atlantic

Food Data Market (FDM) is a decentralized marketplace that incentivizes data sharing with the goal of contributing to sustainable supply chains. Now, Trace Labs, together with our partners Kakaxi Inc., is taking the next step for FDM within the EU Commission’s NGI Atlantic initiative.The beyond-state-of-the-art privacy-enabling technology will contribute to the development of a more fair and inclusive data economy in EU and US agrifood supply chains. This EU-US partnership will result in the development of new ways of incentivizing data capture in global supply chains by using a decentralized data marketplace and a business model to ensure sustainability. Trace Labs and Kakaxi are also proud to announce that their joint solution has been supported by the NGI Atlantic initiative, which is funded by the European Commission and whose main goal for the NGI Atlantic project is to bridge EU-US research on the Next Generation Internet. Trace Labs and Kakaxi are planning to kick-off the NGI Atlantic project on the 1st of December. In the following six months of the project’s execution, we will see at least three supply chains globally benefiting from the implementation of Kakaxi devices on the field and their data being monetized using the FDM.https://ift.tt/2IWPaem

Submitted November 23, 2020 at 03:09AM