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

        How two music lovers opened their Missouri community’s first record store and lounge

        By Tommy Felts | May 30, 2024

        Editor’s note: The following story was produced through a paid partnership with MOSourceLink, which boasts a mission to help entrepreneurs and small businesses across the state of Missouri grow and succeed by providing free, easy access to the help they need — when they need it. CAPE GIRARDEAU, Missouri — Spectrum Record Lounge is becoming a…

        Novel secures $15M round in bid to get tech founders the capital to turn their visions into reality 

        By Tommy Felts | May 29, 2024

        A fresh injection of capital is expected to help Overland Park-based Novel — helmed by two of Kansas City’s most seasoned tech founders — revolutionize growth for SaaS startups using its Capital Intelligence platform. “The tech founder’s journey is often fueled by passion but also filled with obstacles,” said Carlos Antequera, CEO and co-founder of…

        HomeGrown breakfast concept cracks downtown egg, opening what could be KC’s next favorite brunch spot

        By Tommy Felts | May 28, 2024

        A Wichita-founded restaurant chain known for its breakfast and brunch fare is officially open in KCMO, adding a Power & Light location to its menu of Kansas City-area eateries. HomeGrown welcomed diners Tuesday within the KC Live! Block — the only full-service breakfast restaurant in the Power & Light District — offering sustainable selections on…

        Social venture’s pet grooming grads now empowered to earn microloans thanks to trio of KC backers

        By Tommy Felts | May 28, 2024

        Graduates of Kansas City-based Pawsperity’s pet grooming training programs are now eligible to apply for RISE Microloans to launch or grow their businesses — an opportunity boosted by an economic equity initiative to provide microloans to fledgling entrepreneurs. The Plaza Rotary Club program, RISE Microloan (short for Rotary Investing & Supporting Equity), is offered through AltCap,…