VeChain (VET), Producers Market to Aid Vulnerable Farmers Gain Access to Marketplace
VeChain (VET), a Singapore-based blockchain project focused on the supply chain space, has teamed with Producers Market to help the latter trace agricultural products to maintain and enhance their export competitiveness in the global marketplace. In a bid to help such vulnerable farmers with exporting their premium outputs, Producers Market has embraced the VeChain ToolChain to bridge the gap between the farmers and consumers by integrating distributed ledger technology (DLT) into the value chain.
Specifically, Producers Market will use its supply chain transparency application StoryBird to help farmers gain direct access to markets. Per sources close to the matter, VeChain ToolChain will be used to track the supply chain journey of the products, originating around the Americas to consumer’s homes in the U.S.