Zimbabwe has become the first nation in Africa to roll out E-livestock‘s blockchain cattle tracing system. The solution which is powered by Mastercard’s Blockchain-based Provenance solution allows Zimbabwean farmers to log the records of cattle sold across the country.
E-Livestock Global today launched a first-of-its-kind solution powered by Mastercard’s blockchain-based Provenance solution, empowering Zimbabwean farmers to prove the origin and health records of their cattle, while reducing risks to buyers.
A first in the Middle East and Africa, the solution brings
new hope to the country’s agricultural sector after an outbreak of the
tick-borne disease in 2018 led to the death of 50,000 cattle. The lack of a
traceability system has seen Zimbabwe unable to export beef to lucrative
markets in Europe and the Middle East in recent years, reducing export earnings
from beef, which are important to the country’s economy.
The E-Livestock Global solution brings end-to-end visibility
to the cattle supply chain. Commercial farmers and dipping officers tag each
head of cattle with a unique, ultra-high frequency RFID tag – as mandated by
the Ministry of Agriculture – and register it and its owner onto the solution.
Each time the animal gets dipped, vaccinated or receives medical treatment, the
tag records the event onto the traceability system.
Leveraging Mastercard’s award-winning Provenance solution,
E-Livestock Global records these events to maintain a secure and tamper-proof
trail of each animal’s history. This, in turn, supports the entire supply chain
with trusted, transparent and verifiable data.
For farmers, it provides an irrefutable record that proves
ownership, supports sales and exports, as well as allows them to obtain a loan,
using their cattle as collateral. For buyers, it enables them to efficiently
manage their operations and guarantee product quality to their customers.
“Mastercard’s Provenance solution can safely and securely
track the authenticity of the cattle’s journey at every stage, from birth to
sale. Tracking the medical history of cattle on a tamper-proof blockchain
ledger will foster renewed trust in Zimbabwean cattle farming and re-establish
Zimbabwe’s credibility as an international beef exporter.
It will also open up new opportunities for farmers –
especially small farmers who were impacted the most by the 2018 outbreak.
Ultimately, this will drive trust for multiple stakeholders by combining
industry expertise with data privacy,” said Max Makuvise, Founder and President
of E-Livestock Global.
The Mastercard Provenance Solution leverages the power of
blockchain to deliver real-time traceability that bridges the gap between data
silos, allowing for decisions to be made based on a shared record that drives
trust and accountability between supply chain parties. Both industry and data
agnostic, the solution helps provide a clear record of traceability designed to
contribute to customer confidence, trust and awareness.
“Building trust in industries is essential for a functioning
and reliable value chain. At Mastercard, we believe that seamless supply chain
transparency can help convey authenticity, expand inclusion, share
sustainability practices and improve back-office efficiencies.
Our globally-scaled technology and established network
capabilities are advancing this process, enabling smarter buying decisions and
inclusion of all players, whatever their size,” said Mark Elliott, Division
President of Mastercard, Southern Africa.
Mastercard continues to bring more transparency and
traceability to food systems and has already integrated its blockchain
provenance solution with other companies that enable food supply chains around
the world. This is further enhancing the supply chains for Australian avocados
and Californian shrimp and commodities like coffee and grains in the Americas.
The payments technology giant consistently ranks as one of
the top blockchain patent filers in the financial services industry with 106
approved blockchain patents and 278 pending applications – many of which
directed to technologies that support digital currencies.
0 comments:
Post a Comment