Product genuineness verification combined with a retail payment solution and loyalty system.
TE-FOOD
Fresh food supply and quality ecosystem, which tracks livestock and fresh food from farm to table, involving supply chain companies, consumers, and authorities.
Traction
Wabi
Market tested as a pilot
500 downloads on Google Play
TE-FOOD
More than 6000 business customers, daily 400,000 transactions, serving 30 million consumers
Consumer app: 50,000 downloads, B2B app: 10,000 downloads on Google Play
Getting tokens for purchasing Walimai protected products or by participating in other marketing activities
Buying and selling WaBi coins
TE-FOOD
Just like Ethereum users pay gas price for transactions, supply chain participants will need to pay by TECoins for transactions to use TE-FOOD’s blockchain traceability ledger.
Supply chain companies can request paid value added information from their suppliers.
Consumers get TECoins as reward for using the consumer mobile app in retail, reading the QR code and viewing the food history, so the system incentives conscious consumer behavior.
Potential cooperation
Short term: not likely, due to the different product segments and target market
Long term: Wabi could read and understand TE-FOOD QR codes on livestock and fresh food products imported to China.
Wabi and TE-FOOD comparison | Ecency
TE-FOOD, the world's largest farm-to-table food ecosystem is moving to blockchain and tokenization.te-food ·
