Australia’s Biggest Grain Exporter Trials Blockchain Tracking System – CoinDesk

CBH Group, Australia’s largest grain exporter, is to test blockchain technology in the tracking of oat shipments, reports say.

According to The Australian Financial Review, the group – a grain growers’ cooperative – is partnering with Sydney-based startup AgriDigital for the pilot project, which aims at using a blockchain-based system to trace the grain’s origin and and document its quality.

This supply chain data, the news source noted, can be displayed to potential buyers in the hope of improving confidence in grain stores and, eventually, to boost sales for Australian grain growers who are looking to expand to more competitive markets in Asia.

“Anything allowing proof of provenance can create value to Australia,” CBH Group’s chief executive Andy Crane told the publication.

More at: Australia’s Biggest Grain Exporter Trials Blockchain Tracking System – CoinDesk

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