TE-FOOD (TONE)

TE-FOOD is a blockchain-based supply chain ecosystem developed by TONE Technology Solutions, a Vietnam-based provider of farm-to-table traceability solutions. It is focused on bringing efficiency and transparency to the food and agricultural industry by using distributed ledger technology, which is the record-keeping system behind the blockchain. The main aim of TE-FOOD is to offer full transparency to all of the parties involved in the food supply chain, from farmers and food producers to consumers. It provides a full traceability solution by utilizing blockchain technology to store and transfer data. With the help of TE-FOOD, participants can trace the history and current condition of food items across the entire supply chain, making it easy to verify the quality and freshness of food, and preventing the sale of contaminated or counterfeit goods. TE-FOOD was founded in 2016, by TONE Technology Solutions (TONE). The company is backed by blockchain technology, which makes it unique from other traceability solutions. The company’s founders include four members from the corporate finance and banking industry: CEO Tran Bich-Thuy, CFO Lam Tran, COO Michael Nguyen and CTO Tri Do. What makes TE-FOOD unique is that it provides an end-to-end solution for traceability. The platform combines data verification, identifying goods and tools for managing the whole supply chain process from farm to table. It also offers smart contracts and payment gateways for more efficient management of the goods’ delivery process. TE-FOOD is used by more than 6,000 businesses and over 35 million consumers around the world. Apart from tracking the freshness of food and preventing the sale of contaminated goods, its services also include order and contract management, traceability solutions and payment gateways. TE-FOOD is available to buy or sell with multiple cryptocurrency exchanges including Binance and HitBTC. In addition, you can purchase TE-FOOD with Ethereum (ETH) through Coinhouse or Kraken. To conclude, TE-FOOD is a blockchain-based ecosystem focusing on bringing transparency, traceability, and efficiency to the food and agricultural industry. Its end-to-end solution includes data verification, identifying goods and tools for managing the entire supply chain process from farm to table, and provides smart contracts and payment gateways for more efficient management of the goods’ delivery process. TE-FOOD is used by more than 6,000 businesses and over 35 million consumers around the world and is available to buy or sell with multiple cryptocurrency exchanges including Binance and HitBTC. Comment 1: TE-FOOD provides an amazing platform for tracking the freshness of food and preventing food contamination, as well as streamlining the payment and commercial transaction process. Comment 2: I love the idea of TE-FOOD and the traceability solutions it provides for both consumers and businesses. It's great that it is available to buy or sell with many exchanges.