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TE-FOOD is a blockchain-based solution for food traceability from farm to table. Its goal is to bring transparency to the food industry. TE-FOOD aims to help customers improve consumer trust, gain supply chain insights, comply with export regulations, protect against counterfeiting, and perform product recalls more efficiently. It offers various components for the complete supply chain, including identifying tracked items and batches, capturing and storing data on the blockchain, processing the data, and presenting it to consumers. Launched in 2016, TE-FOOD serves over 6,000 business customers and performs 400,000 business operations daily. The platform claims to reach more than 150 million consumers worldwide. TE-FOOD's blockchain, known as the FoodChain, is a public permissioned blockchain that allows both supply chain participants and consumers to maintain masternodes for decentralized traceability information. The TFD token is an ERC20 token operating on the Ethereum platform, serving as a tokenized software license for users of TE-FOOD's ecosystem. Users must possess a certain number of TFD tokens to access and use the ecosystem.
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