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Thursday / December 26. 2024
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The partnership will bring entire agriculture ecosystem under one platform

Bengaluru-based TraceX Technologies, a blockchain-powered traceability platform that enhances food and supply chain transparency, has forayed into Africa by partnering with Ghana-based agritech consulting firm Univision to offer end-to-end traceability in the agriculture supply chain. Through this partnership, TraceX and Univision will bring the entire agriculture ecosystem under one platform. From smallholder farmers in Ghana to financial institutions that provide loans to farmers, all members of the agri supply chain will be able to interact and transact under one platform.

Univision Consultancy Ltd offers Ag-Tech consulting services, Agribusiness Mapping, Export Aggregator, and Business Support Services to clients both in Ghana and abroad.  As a part of its consulting services, they help agribusinesses in Ghana with the right Ag-tech platforms that would assist them to reduce their cost, improve their operational activities and also improve their yield per acre of their farms. Similarly, as a part of their agribusiness mapping services, they bring several smallholder farmers (cooperatives) together to cultivate a certain farm produce, link them to input companies and financial institutions who can support these farmers with inputs like quality seeds, fertilizers, agrochemicals, provide loans to the farmers, and finally, they assist them to market for their produce.

Commenting on the partnership, Isaac Ampiaw, Co-Founder and Managing Director, Univision, said, “One of the main reasons we chose to work with TraceX is that they enable us to bring all the key stakeholders of the ecosystem together under one digital platform. Additionally, they offer an offline and online model of communication that allows smallholder farmers to easily communicate with other members of the supply chain. We look forward to working closely with TraceX to offer end-to-end traceability in the agri supply chain”

Commenting on the partnership, Srivatsa Sreenivasarao, Co-Founder and CEO, TraceX, said, “Africa is a key geography for us because of the strong growth opportunities that exist for agribusinesses. Supply chain digitization has a lot of potential, particularly in West Africa, and we are happy to partner with Univision to tap into this opportunity. End-to-end digitization enables traceability, which in turn increases opportunities for smallholder farmers and improves their access to capital”.

The partnership will bring entire agriculture ecosystem

 TraceX’s blockchain-powered platform will offer ‘bean to cup’ traceability for coffee produced by 3500 farmers in Araku Valley.

Bengaluru, based TraceX Technologies, a blockchain-powered traceability platform that enhances food and supply chain transparency, has partnered with international non-profit TechnoServe, to offer end-to-end digital traceability for coffee produced by 3500 farmers in Araku Valley, Andhra Pradesh. Through this partnership with TraceX, TechnoServe can provide their partner brands Blue Tokai and Humble beans the ability to track and record the journey of coffee through every stage of the production process, from bean to cup.

As a part of the ‘Sustainable Livelihoods for Smallholder Farmers’ program, grant-funded by the Walmart Foundation, TechnoServe currently works with 4000 farmers through Farmer Producer Organizations (FPOs) spread across 355 villages in the Araku Valley. Most of these farmers strictly follow organic farming due to which their yield capacity is much lower than their counterparts in Karnataka. Over the years, TechnoServe has assisted the farmers with agronomy training, building visibility, increasing coffee productivity, managing post-harvest, and providing the necessary market linkages. To further improve their livelihoods, TechnoServe has partnered with TraceX to ensure consistency in the quality of coffee produced, thus resulting in improved market linkage for the farmers. 

The TraceX’s solution to TechnoServe is a perfect example of seeing Blockchain Traceability in action. A connected supply chain with transparency across the multi-stakeholders is the need of the hour and that is being realized with TraceX’s Blockchain traceability platform.

TechnoServe uses the pre-harvest module to track the first mile connectivity of the coffee value chain. This is followed by the on boarding of Blue Tokai, Humble Beans and Slay Coffee clients onto the same blockchain network to track the post-harvest processes and generate a QR code product identity for consumer engagement. A seamless integration of all the stakeholders on a collaborative platform in the supply chain, building trustworthy and authentic customer brands. Sandesh Deranna, Crop Lead- Coffee Value Chain, TechnoServe, said, “TechnoServe’s program ‘Sustainable Livelihoods for Smallholder Farmers’, grant-funded by the Wal

Walmart Foundation, is aimed at improving the lives of smallholder farmers in Andhra Pradesh by establishing sustainable, locally-led systems and processes for FPOs and promoting good agriculture practices and post-harvest management practices among the FPO shareholders.”

Commenting on the partnership, Srivatsa Sreenivasarao, Co-Founder and CEO, TraceX, said “Traceability allows for a connected supply chain where brands can seamlessly access information about the work done by Farmer Producer Organizations in the pre-harvest stage. It offers transparency and differentiation to each stakeholder in the supply chain.”

 TraceX’s blockchain-powered platform will offer ‘bean to