TrustedChain: the private blockchain that supports the world of Agrifood

TrustedChain: the private blockchain that supports the world of Agrifood - Blockchain

The Blockchain it has several advantages and these have long been recognized, among the main ones there is certainly the possibility of guaranteeing the traceability of data in a constant, immutable and fixed manner. Precisely for these advantages covered by the Blockchain (see Blockchain what data to enter), this is becoming very useful for all businesses and companies that operate in the agrifood sector. 

In fact, some problems in the sector, during the last period, have led companies to the need to increase consumer confidence, which are worried and shaken by the scandals in the sector. Therefore, to be able to feed and build trust, the sector has chosen to rely on data retention through a Blockchain, in this way the data will be safe and reliable at 100%.

TrustedChain

For this reason iFin Sistemi, the company that has a long experience behind it in the field of document management, has chosen to give life to TrustedChain a special private blockchain that is designed to be able to adequately cover the needs of multiple sectors including Agrifood. 

As told in an interview with AgrifoodTech by Giovanni Martingano, the sole administrator of Ifin system, unlike the traditional public Blockchain, TrustedChain will admit of private computational nodes only for Trusted Service Providers in Europe, such as: Evolve, IDM Canon, Olsa Informatica, Plurima and Ifin Sistema. 

These companies are highly qualified for both the private and public sectors and serve to manage digital trust services such as the preservation of electronic invoices, signatures and documents. 

This type of Blockchain therefore makes it possible to create a real bridge between the information of the production chain to the physical product, this certainly translates into a competitive advantage. Greater and better traceability of the raw materials and other processed products that make up the products allows us to increase trust both of those who work within the supply chain and of final consumers with respect to the brand.