Provenance uses public blockchains – Bitcoin and Ethereum – to create a mark of trust that spans supply chains from source to consumer.
It provides tools for certifiers, auditors and sustainability experts to gather information about the production processes behind various goods. This information can be then integrated at the point of sale as a history of a particular item and of its journey between people and places.
The items that can be tracked by Provenance include trainers, boardshorts, bluetooth speakers and even food.
PRODUCTS & SERVICES:
Tools (NFC reader, QR-codes, Sensors) to track any product across the supply chain, Ledger - providing information recorded on immutable assets
The Co-op, International pole & Line Foundation, Soil Association, Fair Food, Jonathan Norries, Martine Jarlgaard, Elvis & Kresse
Pole and Line Foundation, Indonesia - to track fish, noting when and where and how it was caught, checking whether it qualifies as organic and tracking it as it changes hands, so that data can be demonstrated to the final buyer.
They are expected to announce multiple partnerships in different industries to build visibility across the supply chain.