Need for sustainable fishing practices
Over 89% of global fish stocks are either overfished or fully exploited. The illegal, unregulated, and unreported fishing sector is responsible for capturing over 700 kilograms of seafood every second.
Increased consumer awareness with respect to the quality of seafood
Following the COVID-19 pandemic, there has been a notable increase in seafood consumption. Alarmingly, approximately 20% of the seafood purchased by consumers is mislabeled.
Lack of solution to digitize the entire supply chain
Over 60% of seafood is lost within the supply chain.
Agspeak has developed an innovative solution tailored for the seafood supply chain. Our Supplychain-driven platform enables comprehensive tracking and tracing throughout the entire process, starting from authenticating the fish source, guaranteeing quality at landing and processing hubs, all the way to packaging and distribution.
CONFIGURABLE
Seamless integration with the existing digital infrastructure & can be configured to the supply chain needs.
DECENTRALIZED
The multiple nodes hold the copy of the same data which makes it fault tolerant & can survive malicious attacks.
IMMUTABILITY
Using cryptographic hashes and encryption, data is written into a DLT & cannot be altered, making it tamper proof.
DISTRIBUTED
Creates trust among participants as there is visibility in transactions across the supply chain & tracks data in real-time.
This system creates unique digital identities for every batch of food, which allows for tracing the food back to its source and reducing product recalls. This also provides end-to-end visibility throughout the supply chain, ensuring transparency.
Agspeak allows for visibility and transparency throughout the entire supply chain of agri-food products. This builds trust in the brand and creates a more credible product.
Agspeak validates products for quality and authenticity and ensures compliance with regulatory standards.
The Farm Management software offered by Agspeak increases operational efficiency, crop yields, and profitability for farmers.
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AgSpeak is a high-tech guide that helps farmers and food companies know exactly where their food comes from, how it's grown safely, and how it gets to your plate. It uses smart technology to make sure everyone knows what's in their food, making the whole process more trustworthy and efficient.
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