Fce

FCE Group AG is a full-fledged Blockchain for digitizing business processes, aimed to increase the efficiency and add value for food producers, distributors and end customers. This is achieved through resolving three fundamental issues of food industry: 1. Cultivate food supply chain traceability 2. Reducing administrative costs 3. Establishing direct marketing and communication with end customers The food supply chain traceability is the key to feed the world in a sustainable way. As a solution, FCE BLOCKCHAIN proposes tools to provide the information about the product sources and eliminate the intermediaries, thus reducing the costs of food supply chains. The administrative costs can be reduced by integrating the document flow into the blockchain, which will play the role of a Notary, and provide safe and remote verification and notarization of the signed contracts and agreements. Among other benefits, it will optimize the human resources as it reduces the costs for lawyers, back offices, etc. This will also make the process more environmentally friendly by reducing the paper document flow, the need for additional office space, and energy consumption. The direct communication consists using tools for direct dialog between the producer and the end user. For example, the user will be allowed to see the information about origin of any product component in blockchain easily by scanning the QR-code on its package. The result is reduction promotion costs and dependence from marketing intermediaries.