The food industry is getting intensely customer-oriented and it is demanding faster response time to deal with shocking food scandals and fraudulent incidents worldwide regarding food safety.
In coming years, our Food Chain will come under severe stress with changing weather patterns, more mouths to feed and scarcity of water etc. Ingredients for food & dietary supplements travel millions of miles and changes many hands before it reaches your plate. Food Safety is consumer right which is being compromised now.
These are becoming everyday news covering food poisoning, lack of traceability info, adulterated unsafe food, cross-contamination, pathogenic microbes, misleading labels, allergens not declared, genetically modified organisms (GMO), fraudulent benefit claims, pesticides & chemical contaminants, counterfeit products, hazardous chemicals, tampered packaging, product recalls etc. On top, many more issues like rising food prices, middle men taking higher cuts, higher margin by supermarkets, inefficient regulatory framework, no redressal of complaints etc are creating severe issues in Food sector.
CIBUS revolutionizes the concept of food safety and transparency with CIBUS Trace — Consumers will be able to scan food products using their mobile phones to verify its quality and authenticity. Cibus system will enable consumers to know authenticity on quality, traceability, authenticity & origin of food. The startup launches on the decentralized Ethereum technology platform, which is an opensource software system that runs smart contracts based on blockchain technology which will help tracing the origin of the food.
According to the spokesperson of Cibus, “With little trust amid consumers, underprivileged living standards for farmers, unprofessional conduct within supply chain networks or manipulation by profit oriented mega food manufacturers and recurring food scandals, the whole global food supply chain ecosystem is not transparent and reliable enough, which needs to be improved by interactive communication and social integrity by a friendly pull method from consumers.
CIBUS will enable consumers to verify a food’s origins and provide manufacturers and suppliers the option to validate the quality of their products to their customers.”
Tech startup Cibus is going to announce the release of cryptocurrency CIBUS token, which is an Utility Token and to be used to access and represent value-flow within Cibus ecosystem to track food from “farm to fork”.
Cibus token is the way to transact and trade on this platform.
CIBUS will work as a multi-functional platform that will:
Facilitate accurate food tracing by end-consumer using CIBUS-Trace feature.
Execute an interactive and unbiased social media platform in the name of CIBUS-Social.
Create an e-commerce platform to promote retail and business to business trading dealing in food and related merchandise using CIBUS-Retail and CIBUS-Trade sub-platforms.
Facilitate targeted advertising by food manufacturers/traders/distributors via CIBUS-AD.
Facilitate supply chain management by taking care of transport and delivery via Cibus Logistics.
Affiliate marketers will promote this platform via Cibus Affiliates.
Reliability of transaction across the border will be achieved by CIBUS Escrow.
CIBUS Ecosystem is the means to achieve Transparency, Traceability and Trust in Food and Dietary Supplements value chain.
To know more about CIBUS world or if you have any questions, look them up in our website: www.cibus.world or FAQ or send a support ticket or feel free to email us at: [email protected]
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