Insurer looks to blockchain for supply chain tracking

Australia-based National Transport Insurance is partnering with blockchain platform BeefLedger Ltd. for a pilot program to use the technology for tracking beef production and export-related supply chains, CCN.com reported. The program will use a distributed ledger platform along with packaging technology and internet-of-things system to provide real-time data on product quality and the supply chain. Under the program, the livestock will be credentialed and transported from South Australia's Limestone Coast to a processing plant in New South Wales before being frozen and exported to Shanghai.

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