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

        Royals give go-ahead to face-scan ballpark entry; here’s how to get in with one look

        By Tommy Felts | July 23, 2024

        The Kansas City Royals are stepping up to the plate with a walk-off upgrade to the ballpark entry process: MLB’s Go-Ahead Entry system. The technology uses facial authentication to let fans breeze into Kauffman Stadium without having to scan their mobile tickets. MLB launched its pilot program with the Philadelphia Phillies in 2023; now the…

        Do The Right Thing: Ophelia’s Blue Vine Farm plants real food within a historic (and overlooked) KC community

        By Tommy Felts | July 20, 2024

        The following profile features one of five finalists for the “Do The Right Thing” social impact pitch competition organized by the KC BizCare Office, Economic Development Corporation of Kansas City and Startland News. Finalist features will be published throughout the week. Click here to read more features. Click here to vote for your favorite finalist…

        These leaders reinvest in other women’s success; a statewide nonprofit says they define the ‘Greater Missouri Woman’

        By Tommy Felts | July 20, 2024

        This year’s Greater Missouri Leadership Foundation Women of the Year roster has a distinctly Kansas City flavor. Three of the four honorees at Wednesday’s luncheon event at CPKC Stadium are Kansas City women who lead within their industries and community. The list of awards and recipients includes: Civic Leader of the Year — Dr. DeAngela…

        Do The Right Thing: Utopia Point extends ‘beacon of light’ to those left in the shadows, in need of care

        By Tommy Felts | July 19, 2024

        The following profile features one of five finalists for the “Do The Right Thing” social impact pitch competition organized by the KC BizCare Office, Economic Development Corporation of Kansas City and Startland News. Finalist features will be published throughout the week. Click here to read more features. Click here to vote for your favorite finalist…