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Title : Securing the chain
Author(s) :
Source : Irish Times
Year : 2017
Link : https://www.irishtimes.com/business/innovation/securing-the-chain-1.3198301
Country : United Kingdom
Commodity: All Food
Abstract: Belfast company Arc-net has developed a blockchain based traceability solution aimed at tackling the world’s $52 billion (€43.8bn) food-fraud problem. “ Our mission is to help companies provide access to safe and authentic food for current and future generations,” says founder and chief executive Kieran Kelly. “There is more money in food fraud than there is in cocaine, and existing legacy food security systems don’t work. ” Kelly started out as a butcher but an accident at home forced him to change career. “ I retrained in technology and specialised in cryptography,” he recalls.