Trace Labs and OneAgrix partner to enable halal traceability on the blockchain
Trace Labs and OneAgrix announced a partnership that will utilise blockchain-enabled solutions for transparency of halal food. OneAgrix, a B2B online marketplace for the sourcing of halal food ingredients and products, will use Trace Labs’ data exchange solutions to tackle halal trust deficit and enable food safety and transparency - bringing tangible benefits to businesses and consumers in the USD 2.5-trillion global halal market.
Beyond being a traditional online marketplace, OneAgrix provides an all-in-one, "Procure-Pay-Ship" solution to its partners. Other than solving challenging cross-border payments and logistics, OneAgrix is the first Halal B2B marketplace to use Fourth Industrial Revolution technologies to help solve food fraud and trust deficit in the Halal sector, increasing consumer confidence and providing halal brands with an efficient tool to stand out on the market.
With the Trace Labs solution, Halal stakeholders can exchange data quickly and seamlessly. OneAgrix is one of the first users of nOS, Network Operating System powered by OriginTrail blockchain protocol and developed by Trace Labs.
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