The Australian government-backed supply chain traceability platform Entrust is launching on Hedera Hashgraph.
The Australian government-backed agricultural supply chain platform Entrust has announced it will operate on Hedera Hashgraph — a distributed ledger platform claiming a transactional throughput of 10,000 transactions per second.
South Australia’s premier, Steven Marshall, officially launched Entrust on September 20, describing the platform’s initial focus as protecting the wine and dairy manufacturing industries from counterfeit fraud in the global markets, and driving efficiency savings across agricultural sectors.
Entrust is a software-as-a-service platform that tracks the movement of primary products (such as wine grapes) across the local agricultural supply chain, as well as the supply chain of the secondary manufactured products (in this case, the wine itself.)
Geolocation, time-stamping, and other key data is immutably recorded to Hedera Hashgraph, and is accessible via web browser or mobile application.
The beta platform is currently being trialed by more than a dozen companies based in South Australia’s Clare Valley wine region, and is tracking the movement of more than 250,000 liters of wine.