
Trace, which offers an advanced hemp seed-to-sale tracking solution in the USA and leading AIPIA member Kezzler, a global provider of supply chain traceability and serialization technology, has announced a new partnership agreement. The companies with the help of this partnership are certain to redefine supply-chain visibility in the hemp and agro-industry at large. Trace leverages the power of Ethereum-based blockchain technology to distribute crucial information while removing the potential for altering accurate information, to enhance public and regulatory trust, it claimed. Whereas blockchain uses encryption to guarantee the immutability of transactions, Kezzler applies encryption to guarantee the uniqueness of product identity and centralized processing, allowing for scalable performance. Supply chain transparency and traceability The partnership between Trace and Kezzler combines the best of both paradigms moving forward, they believe so that both government and private businesses will be able to have unparalleled security, monitoring, and insight into their hemp supply chains. “We are excited to bring Kezzler’s technology to the hemp industry,” said Joshua Decatur, chief executive officer of Trace. “There is industry consensus…
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