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

        Kansas City receives new tech-focused jobs board

        By Tommy Felts | September 16, 2015

        Businesses both big and small looking to fill technology positions in their companies have a new outlet to find talent: KCnext’s new job board. In conjunction with Kansas City’s inaugural Techweek, the KCnext team announced Chute Wednesday to help area businesses in their recruiting efforts — whether they’re members of the tech council or not. Millennials have shed light on…

        Neighborly nabs $5.5M from Formation 8, Ashton Kutcher

        By Tommy Felts | September 15, 2015

        Neighborly, a San Francisco-based startup with an office in Kansas City, recently landed a multi-million dollar investment for its community investment marketplace. The company, which relocated its headquarters from Kansas City to San Francisco after struggling to raise local capital, raised $5.5 million from venture capital firms Formation 8 and Ashton Kutcher’s Sound Ventures, according…

        Techweek Wednesday: Big Data Summit

        By Tommy Felts | September 15, 2015

        Techweek Kansas City has arrived with dozens of events scheduled around the city each day. Wednesday’s scheduled events are included below. Don’t forget to check whether the event is RSVP-only. Big Data Summit Who: The Big Data Summit spans Wednesday and Thursday, with the bulk of the events on Wednesday. The summit events start with…

        5 takeaways from most entrepreneurial city report

        By Tommy Felts | September 15, 2015

        A report analyzing progress on Kansas City’s goal to become America’s most entrepreneurial city highlighted a trove of information on the area’s early-stage business community. KCSourceLink’s second-annual “We Create KC” report dissects the metro’s entrepreneurial ecosystem, including its headway toward realizing a challenge to become the nation’s most entrepreneurial city. Expounding on such metrics as…