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

        PayIt on board the Harriet II, Montgomery Zoo; new portal offers ticketing for popular local attractions

        By Tommy Felts | November 10, 2023

        A new digital platform designed by Kansas City-based PayIt not only provides improved interactions between residents of Montgomery, Alabama, and their local city government — the tool also offers ticket sales for some of the region’s most popular tourist attractions. PayIt — with headquarters in downtown Kansas City’s lightwell building — already boasts partnerships with…

        These three KC startup founders are jumping into the Dolphin Tank, hoping to swim with the unicorns

        By Tommy Felts | November 10, 2023

        When the Dolphin Tank pitch showcase sinks its teeth into a market like Kansas City, the goal is to accelerate women-led tech companies to a national level, said Rachel Rong. “Our mission is to build out the ecosystem and support women entrepreneurs in Kansas City,” said Rong, the director of operations for Springboard Enterprises, which…

        Jeremy Elias, TrackMy Solutions

        TrackMy exit: KC startup’s sale secures team’s jobs, stronger position for its health compliance solutions

        By Tommy Felts | November 9, 2023

        The acquisition of Kansas City-based TrackMy is expected to help its team focus on hyper-growth and deliver award-winning technology solutions, said Jeremy Elias, noting the deal limits some financial pressure by building a more strategically-capitalized business. Banyan Software and TrackMy Solutions Inc. announced the acquisition this week. The purchase price for the startup — an…

        GreenLight Fund’s $1.2M investment brings two nonprofits focused on food security to KC

        By Tommy Felts | November 9, 2023

        GreenLight Fund Kansas City recently announced a $1.2 million investment spread over four years to bring nonprofit solutions mRelief and Food Connect to the Kansas City region, addressing food security through responsive approaches to dignified food access. The two organizations have already begun work in Kansas City. mRelief uses technology to remove traditional barriers in the Supplemental Nutrition…