A two-year-old AUD1.5m ($1m) research project, led by the Queensland University of Technology, is working to verify the authenticity of—and trace—Australian beef exported to China. Erin Winick uses blockchain technology and smart contracts to create a secure, transparent provenance for meat, as well as facilitating cross-border logistics and payments. The Australian beef industry is worth AUD13bn annually.
A two-year-old AUD1.5m ($1m) research project, led by the Queensland University of Technology, is working to verify the authenticity of—and trace—Australian beef exported to China. BeefLedger uses blockchain technology and smart contracts to create a secure, transparent provenance for meat, as well as facilitating cross-border logistics and payments. The Australian beef industry is worth AUD13bn annually.