Trace Labs and OneAgrix have announced a landmark partnership designed to enhance transparency and trust within the halal food sector by leveraging blockchain-enabled solutions. This collaboration is set to address critical challenges in the halal industry, including food safety, trust deficits, and cross-border logistics, thereby benefiting businesses and consumers alike in the USD 2.5 trillion global halal market.
OneAgrix: Beyond a Traditional Marketplace
OneAgrix is not just another B2B online marketplace; it stands out with its comprehensive “Procure-Pay-Ship” solution, which provides a holistic approach to halal food procurement. This platform enables businesses to seamlessly manage the entire supply chain process—from sourcing and payment to shipping—while addressing the complexities of cross-border transactions. OneAgrix is pioneering the use of Fourth Industrial Revolution technologies to combat food fraud and address the halal trust deficit, setting a new standard for transparency and efficiency in the halal sector.
Trace Labs: Pioneering Blockchain Solutions
The partnership will harness Trace Labs’ state-of-the-art data exchange solutions, including their Network Operating System (NOS) powered by the OriginTrail blockchain protocol. This advanced technology facilitates seamless and secure data exchanges among halal certification bodies, laboratories, and manufacturers. The nOS platform offers a user-friendly interface that simplifies the integration of distributed ledger technologies into global supply chains, making it easier for stakeholders to adopt blockchain solutions without significant barriers to entry.
Enhancing Trust and Safety with Blockchain
The implementation of Trace Labs’ solutions will provide halal stakeholders with a secure, immutable record of transactions and metadata. This blockchain-based approach ensures that every step of the halal food supply chain—from production to delivery—is accurately recorded and verifiable. As a result, halal certification bodies, laboratories, and manufacturers can enhance their traceability efforts, improve food safety, and build stronger trust with consumers.
Industry Impact and Expert Endorsements
Diana Sabrain, Founder of OneAgrix, highlighted the transformative potential of this partnership, stating, “Our collaboration with Trace Labs represents a significant advancement for halal supply chains. By integrating secure and immutable blockchain records, we are not only reinforcing trust among Muslim consumers but also elevating the standards of transparency and accountability within the global halal market. We are confident that Trace Labs’ expertise will be instrumental in addressing the complexities of international halal supply chains.”
Žiga Drev, Founder of Trace Labs, emphasized the importance of this collaboration, saying, “At Trace Labs, we are committed to building trusted network applications for future business communities. Our Network Operating System (NOS) offers a robust foundation for blockchain-secured data, enhancing traceability and brand protection. We are excited to welcome OneAgrix to our Food Supply Chain community and to advance the adoption of the OriginTrail Decentralized Network (ODN) in the halal sector.”
Upcoming Showcase at MIHAS
Both companies will present their innovative solutions and discuss their partnership’s impact at the Expert Panel Session of the Malaysia International Halal Showcase (MIHAS) in April 2019. This prestigious event will provide a platform for Trace Labs and OneAgrix to showcase their groundbreaking work and demonstrate their commitment to transforming halal food supply chains through advanced blockchain technology.
Through this partnership, Trace Labs and OneAgrix are setting a new benchmark for transparency, safety, and efficiency in the halal food industry, promising to deliver substantial benefits to businesses, consumers, and stakeholders across the globe.
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