The American livestock industry will use blockchain. CattleProof’s “Verified” decentralized cow verification service has been approved, giving it the historic title as the U.S. Department of Agriculture’s first-ever blockchain-based Process Verified Program (PVP). Livestock resistant is a Wyoming company that uses distributed ledger technology to store individual cow data.
Blockchain for livestock verification
The electronic identification tags attached to each animal provide a combination of data, including the animal’s condition, location and many other characteristics, which are then immutably stored on a computer system. blockchain. This change makes tracking significantly easier with farm-to-table traceability, allowing farmers to observe animal health in real time for better care and monitoring of their livestock.
One big step towards regulation
The USDA’s PVP service could enable companies like this Livestock resistant to set a standard in regulation while launching innovation for livestock-related problems. It would allow companies like CattleProof to create a set of voluntary standards that would be reviewed by the government, becoming the first decentralized livestock monitoring network.
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It fits into a broader pattern in the agricultural sector, where industry participants are increasingly looking to technology as a way to adapt to regulatory requirements while improving the efficiency and transparency of their operations.
CattleProof: a unique solution
What makes CattleProof unique is that it is a USDA-approved PVP that uses blockchain. The services include certification “Born in the USA” as well as digital certificates with backlinks directly to the animal data. The company is also integrated with Heartland Payments, which provides the ability for direct transactions of verified livestock.
This is accomplished by allowing buyers to verify the authenticity of their livestock and ultimately increasing consumer confidence in meat product transactions. Furthermore, the system allows farmers to offer something unique about their products; in a competitive market, traceability and ethical sourcing for consumers can give them an edge over the competition.
The approval is also evidence that farmers’ adoption of blockchain technology is gaining momentum. The USDA’s recent proposal to change the rules for organic products to establish traceable supply lines adds even more substance to the growth.
As blockchain continues to gain traction in agriculture, it is poised to transform the agriculture industry in ways that include improved security, reduced fraud, and improved supply chain efficiency. This success could foreshadow the opening up of several programs to similar initiatives in other sectors, reinforcing the role technology will play within modern agricultural practices.
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