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The use of public blockchain solves this problem by bringing together all of the different components and allows for complete details to be tracked from start to finish.

Blockchain technology is gathering momentum as one of the next transformative technologies. Its transparency and ability to decentralise control makes it the perfect tool for driving forward sustainable development across a number of sectors.

In the whitefish sector, Norway exported 1,900 MT of fresh cod in July, earning NOK 84 million (USD 9.4 million, EUR 7.9 million), representing increases of 31 percent and 16 percent, respectively.

Unisot’s blockchain solution brings visibility to the seafood supply chain.

SeafoodChain Powered by UNISOT is a blockchain based supply chain management application for the Seafood Industry (Article in Japanese).

Demands for better food chain transparency triggered by the coronavirus are being seen as an opportunity for two providers of blockchain supply chain management solutions targeting seafood clients in China and globally.

The food value chain is worth $8.1 trillion and employs hundreds of millions of people. However, it continues to suffer from food safety issues.

UNISOT founder Stephan Nilsson told CoinGeek the pilot has been quite a success so far, with the company developing two apps—one for commercial use and the other for retail use.

SeafoodChain enters Pilot Phase with three customers involved, all from separate areas of the seafood industry value chain. They are integrating the SeafoodChain solution into their business processes and ERP system, enabling them to track halibut along the supply chain from fish eggs to plate. 

ARYZE spoke with Stephan Nilsson, founder and CEO of UNISOT. He shared with us how Satoshi’s white paper inspired him to found UNISOT, the need for improved supply chain management, and how blockchain can be leveraged for social impact.