TONE is an Ethereum token that powers the TE-Food platform, an end-to-end food traceability solution on the blockchain. TE-Food's products helps companies with any level of technological readiness to join and track their products, and also integrates service providers for the contracting, management, and clearing of services in its ecosystem.
What Is Te-Food? (TONE)
Te-Food is a platform that offers solutions for farm-to-table food traceability with the help of blockchain technology. For the benefit of consumers, food firms, and governments, the platform aims to make food supply chains more transparent.
Further, the network also seeks to support:
Food firms automate and streamline their supply chain procedures while also gaining a better understanding of their suppliers.
Consumers gain clarity about their food, allowing them to make more informed decisions.
Government agencies to have a real-time picture of the food market and boost food safety regulatory monitoring and enforcement.
The platform helps to make traceability execution fast, safe, and easy. The network offers several services, such as serializing the products by creating digital identities, capturing data related to production processes using the platform's data gathering tools, storing data on a scalable and secure blockchain, and sharing product history with customers. Clients, for instance, use TE-Serialization FOOD's Engine and printing/labelling solutions, to print serialized QR codes on their retail products. Further, TE-FOOD is a blockchain that is open to the public. While blockchain data can be viewed by the general public on the blockchain explorer, adding data to the blockchain or certifying transactions requires permission for added security.
TE-FOOD allows clients to show product information as a rich experience to differentiate their brands and demonstrate product quality.
The platform's website mentions that organic food is being sold by retailers that aren't sure if it's truly organic. Food producers engage with farms that occasionally employ child labor or intentionally promote deforestation. Consumers purchase meat without realizing it includes hazardous substances.
History of Te-Food (TONE)
The platform's management team is comprised of seven people. Erik Arokszallasi is an entrepreneur and leads two corporate IT development in Hungary. He holds over two decades of experience in leadership and IT project management. Trung Dao Ha is also an entrepreneur and is the president of the High-Tech Association. He holds two decades of experience in marketing, leadership, and sales. Other team members include Marton Ven, Sandor Miskey, and Gergely Koves, etc.
