FOODCOIN GROUP AG is a Swiss company engaged in the development, adaptation and improvement of blockchain technologies for modern business.
Blockchain can bring together different parties in conditions of lack of trust. This technology eliminates malicious modification of data and program code and unauthorized interference from any side. By enabling each party to see the same data, its origin and timing, blockchain can help eliminate complex and costly data reconciliation required by most data management systems.
Availability of relevant data for sharing between different actors does away with the lack of connectivity and encourages collaboration across the entire value chain in a secure and reliable way.
The main field of work of the company is the food market, which is in desperate need of reorganization and simplification of supply chains. But other types of production and distribution are also possible for implementation.
OUR CORNERSTONES AND VALUES
Digitization of current industries with integrated cutting-edge technologies has a positive impact on business processes. It allows to build a system that allows to track any issue on the supply chain.
Direct marketing is one of the most important aspects of business in any sphere. Transparency is the key to build relations between producer and customer.
Traceability of any supply chain is the tool to build a system which allows to ensure safety and quality of products, making it available for customer. It will ensure good reputation of the manufacturer and feedback from the customers.
Risk management is basically a safety cushion for business. When it comes to the food business, evident examples may include supply, sales and distribution issues.
Blockchain for food, as a decentralized system, has serious advantages, such as data safety and traceability features. It can reduce the gap between large and small food businesses on the same market.
Industries 4.0 means total transparency and interconnectedness of information. Huge amounts of data at each stage of production processes and supply chains are linked into a single, secure and transparent database, which is key for planning, analyzing and improving production and management.