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Blue Aqua partners up with VeChain to adopt blockchain traceability in shrimp farming



Blue Aqua partners up with VeChain to adopt blockchain traceability in shrimp farming


Singapore, 14 September 2021 – Aquaculture technology firm Blue Aqua has partnered with VeChain to adopt blockchain traceability in the shrimp farming industry through their one-stop blockchain data service platform VeChain ToolChainTM. Blue Aqua’s integrated business ecosystem across the aquaculture supply chain works as a perfect starting point for the implementation of a traceability system for seafood source, quality, and sustainability of the farming operations.

Powered by VeChain ToolChainTM, the trust platform will be built to empower end consumers in attaining full traceability in Blue Aqua’s supply chain stakeholders and essentially in its farmed seafood. Data from the source of shrimp post-larvae and feed used, culture period, farming methodology and harvest times will be tracked and available from the point of inception to the point of consumption.

In addition to the traceability of farmed seafood, with Blue Aqua’s efforts in the alternative protein arena, the upcycling of meal-to-feed for fishmeal replacement in aquafeeds will also be traceable through the platform at a later stage.

“Taking into account the question of sustainable seafood in the market, this collaboration will harness the power of blockchain to assure consumers with unalterable, transparent data, and build trust in aquaculture and seafood produced through practical and sustainable methods.” said Dr Farshad Shishehchian, Group President and Founder of Blue Aqua International.

“VeChain ToolChainTM is the leading platform for enterprises to build their own blockchain applications. We intend to power Blue Aqua to enhance its business strategy by enabling a faster and cost-efficient blockchain platform. Data transparency will further ensure the long-term success of sustainable farming industry.” VeChain CMO, Yvette Xia added.

 

About VeChain

Launched in 2015, VeChain Technology is a global leading enterprise-friendly blockchain company which aims to connect blockchain technology to the real world by providing enterprises with blockchain-enabled solutions suited to their business needs.

It offers VeChain ToolChainTM, a low-code blockchain-based platform that allows enterprise clients to rapidly build and drive digital transformation on a global scale, enabling the evolution of a trust-free and a distributed ecosystem.

VeChain Technology is a pioneer of real-world blockchain applications, with international offices in China, Singapore, Luxembourg, Japan, France, Italy and the United States. With strong independent development capabilities, combined with the professional compliance guidance of our strategic partners, PwC and DNV, VeChain has established partnerships with many leading enterprises in various industries, including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, Shanghai Gas, LVMH, D.I.G, ASI Group etc.

Website: www.vechain.com

 

About Blue Aqua International

Blue Aqua is a one-stop solution provider for the aquaculture industry, focused on innovative technology and techniques to tackle the challenges of urban farming. We cover the end-to-end aquaculture ecosystem: alternative protein, feed mill, farm care and nutrition, hatchery and grow-out farms, and food supply. This promises our consumers transparency and traceability. Blue Aqua brings years of industry expertise and practical knowledge in order to provide solutions to improve productivity, performance and profitability of aquaculture business and farming. Blue Aqua helps meet the industry’s growing needs for advanced aquaculture.

At Blue Aqua, we believe in the symbiosis of the earth and humankind, where food is produced with no discount to the conservation of nature. We strive to harness the necessary optimism and innovation to cultivate a sustainable new world.

 

Contact: Nathalie Lim, VP (Marketing), Blue Aqua International | nathalie@blueaquaint.com