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We believe that buyers and growers deserve a world in which authenticity and quality are not only valued but verified. Managing traceability with blockchain technology is the logical progression of the whole traceability process for our Bellucci Premium Extra Virgin Olive Oil. We are using Oracle Blockchain to track shipments of our EVOO from our bottling facility in Italy to the port of arrival in the US. Oracle Blockchain Platform easily integrates with our partners’ systems, and we can create smart contracts between supply and distribution actors, thus reducing operational costs.
For shipments of our Bellucci Premium EVOO from Italy to the US, the automation provided by Oracle Blockchain Platform simplifies the implementation of smart contract conditions such as matching purchase orders, invoices, and shipping information prior to triggering a payment. It greatly improves collaboration between all parties. It adds a further level of transparency and information that is valuable for consumers looking for quality products and helps us support the excellence of small farms.