In 2016, the Inner Mongolian government issued a provincial policy marking the start of efforts to construct an interoperable traceability system. In late 2020, the Bureau of Market Supervision and the Bureau of Agriculture and Animal Husbandry opened the initiative for bidding, design and development. In early 2021, VeChain was commissioned to build the government’s traceability platform.
In early 2021, the rice, millet, sunflower, beef and lamb of Ongnuid Banner region were approved as geographically landmarked products. Accordingly, VeChain’s blockchain solution will be applied to these products on an ongoing basis. The Bureau of Market Supervision and the Bureau of Agriculture and Animal Husbandry will also rely on the traceability platform to support outstanding local enterprises, cultivate rural brands and demonstrate the quality of products from the region.
So far, 12 enterprises have been successfully connected to the agricultural traceability platform, the first batch of merchants to be empowered by the platform.
The success of the initial roll-out vindicates the cost efficacy and capability of VeChain’s solution, as well as its adequacy in meeting stringent government policies. Consequently, the platform will welcome additional companies and product lines in the coming years. In terms of network activity, the platform is expected to be consistently second only to Walmart’s traceability platform, with transactions generated at every step of the process.
As pioneers, VeChain’s solution serves as a benchmark and inspiration for regions across China looking to build traceability platforms of their own in line with government policies.
There is an offline event on December 24th to showcase the platform with a call to action for companies and regions to participate and develop their own. Ongnuid Banner Traceability Platform Overview Below, we share some insights into the Traceability platform dashboard from various stakeholder perspectives to help contextualise the multi-tiered benefits across the production chain.,,,(a hidden jem??)
