KC startup pairs with blockchain platform to build trust, value in premium beef genetics

January 31, 2024  |  Startland News Staff

Photo courtesy of Vytelle

A newly announced strategic collaboration is expected to help Lenexa-based Vytelle promote the value of feeder cattle, while simultaneously bringing more transparency to a critical market segment within the beef industry.

Kerryann Kocher, Vytelle

The initiative between Vytelle and BlockTrust Network — an API-driven platform that leverages blockchain technology to enhance trust within the beef supply chain — marks the first of its kind aimed to leverage their respective strengths targeting the feeder cattle market.

“We are thrilled to embark on this groundbreaking collaboration with Blocktrust,” said Kerryann Kocher, CEO of Vytelle, the fastest growing, independent IVF company and curator of the world’s largest feed efficiency database.

Collaboration is a step forward in building markets that acknowledge the value of premium genetics for Vytelle’s seedstock customers by increasing the demand for their progeny, she added.

Gregg Barfield, Blocktrust Network

Leveraging the power of the Vytelle’s industry leadership in characterizing feed efficient genetics, Vytelle will develop tools to characterize differences in feed efficiency among groups of feeder cattle via the Blocktrust Network’s permissioned blockchain, the company said. This information will provide buyers unique insights on the value of cattle, shining a spotlight on the premium value of calves sired by bulls from breeding programs that are driving genetic improvement in feed efficiency, a critical driver of profitability and sustainability in cattle feeding.  

“Blockchain technology has proven to be a transformative force across various industries and Blocktrust Network is thrilled to bring a new level of transparency to the beef supply chain,” said Gregg Barfield, CEO of Blocktrust Network, which is headquartered in College Station, Texas. “The opportunity to classify cattle individually based on their genetics and performance through harvest will unlock markets and value for smaller producers to participate in quality-driven sustainable supply chains.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2024 Startups to Watch

        stats here

        Related Posts on Startland News

        Westport Commons inks first investment fund tenant for huge shared workspace

        By Tommy Felts | September 8, 2016

        One of Kansas City’s newest venture funds is making good on its promise to immerse itself in the world of startups. Only a few weeks after its debut, Kansas City-based Firebrand Ventures announced on Thursday that it has partnered with Plexpod to work directly alongside its entrepreneurs at what will be the world’s largest coworking…

        Kauffman Foundation offers $25K via ‘1 in a Million’ contest

        By Tommy Felts | September 8, 2016

        Think your business is one in a million? The Ewing Marion Kauffman Foundation is offering 1 Million Cups presenters from the last year a chance to snag some cash — and this year they’ve bumped up the prize to $25,000. In its second year, the 1 in a Million competition is open to any firm…

        Swanky downtown apartments to feature KC-made smart home tech

        By Tommy Felts | September 6, 2016

        A $69 million office-to-apartment conversion project in Kansas City will soon feature new Internet-of-Things technology that its creators hope will become a model for the world of real estate. Amid a flood of development projects in downtown Kansas City, Sunflower Development Group and Block Real Estate Services are converting Traders on Grand — a 20-story…

        KC startups nab first, second place in national contest

        By Tommy Felts | September 6, 2016

        Two Kansas City startups recently reigned supreme in UPS’s inagural Midwest X-Port Challenge. Mobility Designed, a medical device company from Prairie Village, Kan. that is also a 2016 LaunchKC grant finalist, won first place. The startup has garnered international attention thanks a viral video featuring their futuristic crutches. Mobility Designed CEO Liliana Younger said that…