Insurance News Supply chain

Australian insurer NTI in blockchain beef traceability pilot

beef cows dairy
Today NTI which is Australia’s leading truck insurer announced it was participating in a BeefLedger blockchain food provenance trial. Australia is the third largest beef producer in the world, and BeefLedger is targeting its 45,000 cattle producers. The pilot will involve transporting cattle from South Australia’s Limestone Coast to a processing facility in New South Wales where it will be frozen for shipping to China. Asia’s rapidly increasing prosperity is driving demand for beef. BeefLedger is a token driven platform with the eventual aim of tracking the cattle provenance from how they are reared through to the consumer.

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