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

        Brexit

        What ‘Brexit’ can teach us about startups

        By Tommy Felts | July 5, 2016

        Editor’s note: The opinions expressed in this commentary are the author’s alone. Zach and Andrew are both financial tech professionals at blooom. If you watch any financial news or follow anyone besides the Kardashians on Twitter, you probably heard that the U.K. faced its own version of armageddon when it recently voted itself out of…

        Never say die: KC forges ahead with bold transportation plan

        By Tommy Felts | July 1, 2016

        Kansas City’s bold ambitions for a next-generation transportation system may be down — but they’re not out. On June 22, Kansas City received news that it lost out on a $50 million award that would’ve revolutionized its transportation system. More than 120 public and private leaders collaborated on Kansas City’s pitch for the “Beyond Traffic,…

        KCSourceLink: Improving startups’ access to capital ‘a marathon, not a sprint’

        By Tommy Felts | July 1, 2016

        A year ago, KCSourceLink discovered that area early-stage investors need more connections with each other and the startups they fund. To that end, the entrepreneurial resource hub on Tuesday rallied an array of major investment groups that target startups in Kansas City, building the foundation of a more connected capital community. In total, 15 local…

        Events Preview: Lean Lab Friday Pitch Event

        By Tommy Felts | June 30, 2016

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW   The Lean Lab Friday Pitch Event When: July 1 @ 4:00 pm – 5:00 pm Where: Sprint Accelerator Every Friday, each…