Novatrace is a non-profit organization implementing transparency solutions for quality standards of goods and products. Our mission is to provide user insight into product quality, stimulating sustainable business and consumer purchasing choices.

System

Projects

Novatrace partnered with CAN providing a quality mark for CBD food supplements. The CBD is traced from seed to product with data leveraged on a DLT blockchain network. Consumers are directed to cancheck.org by QR code or link, to verify product lab test and traceability certificates.

The CBD industry is growing fast. Unfortunately some brands profit by selling products with less active ingredients than stated on the label, synthesized compounds sold as natural extracts, or contaminated material. The quality mark differentiates brands by ensuring consumers that certified products meet quality requirements and originate from safe sources.

The project framework enables batch level material tracing across supply chains without sharing sensitive production and supplier information between producers or to the public. By overseeing the supply chains and managing its participants Novatrace compiles traceability certificates containing sharable information while keeping confidential data private. Certificates are systematically audited by third parties with access to the blockchain ledger.

News

Cointelegraph.com – Blockchain tracing the cannabidiol supply chains will help define legal standards

Cointelegraph.com – Europes new seed to shelf cannabidiol blockchain tracking tool

Foodnavigator.com – Using blockchain to boost in the CBD market

Blockchain.news – CBD producers harness blockchain technology for enhanced traceability