Sept. 25 2018 02:25 PM

Pilot Project Underway with ripe.io, a Food Blockchain Startup

The information below has been supplied by dairy marketers and other industry organizations. It has not been edited, verified or endorsed by Hoard’s Dairyman.

As companies across the globe increasingly embrace blockchain technology, Dairy Farmers of America (DFA), a national cooperative owned by dairy farm families across the U.S., is testing blockchain’s capabilities in the area of food and agriculture. DFA has partnered with ripe.io, a food tech startup focused on using blockchain technology to transform the food supply chain for data transparency, so consumers can be confident in their food from farm to fork. Through the pilot project, DFA is hoping to increase supply chain transparency and better connect our farmer owners with customers.

“Consumers today want to know where their food comes from and blockchain technology, like ripe.io, gives consumers real-time data, which can really help increase trust and confidence about food production from start to finish,” says David Darr, Vice President Sustainability and Member Services at DFA.

The pilot project is utilizing the ripe.io platform and leverages data from a group of DFA member farms as well as one of DFA’s manufacturing plants to support more consumer engagement.

“We know that there’s a lot of application for blockchain technology within agriculture, and we ultimately want to help our dairy farmers be on the forefront,” adds Darr. “For now, our goal is to evaluate the technology and explore how it might benefit our supply chain.”

Recently, ripe.io completed the 2018 Sprint Accelerator program, which is also sponsored by DFA. The Accelerator is a 90-day, immersive program that helps accelerate and grow startup businesses.

“We’ve led and participated in many other pilot projects and know there are tremendous possibilities with blockchain and agriculture,” says Raja Ramachandran, CEO and co-founder at ripe.io. “DFA has been a great partner for us, and we look forward to working with them to better understand the potential value blockchain can provide for dairy.”

About Dairy Farmers of America

Dairy Farmers of America is a national, farmer-owned dairy cooperative focusing on quality, innovation and the future of family dairies. While supporting and serving more than 14,500 family farmers, DFA works with some of the world’s largest food companies to develop ingredients that satisfy their customers’ cravings while staying committed to social responsibility and ethical farming. For more information, please visit dfamilk.com.

About ripe.io

By uniquely leveraging blockchain technology, ripe.io creates a digital bridge that engenders transparency, trust, and honesty for food producers, distributors, and consumers. ripe.io is transforming the food system narrative by working with every actor along the food supply chain to create a world in which access to data equals integrity, sustainability, security, and better food for all. For more information, please visit ripe.io/