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

        Jabbok Schlacks, EquipmentShare

        EquipmentShare completes another $150M equity raise, building on its Series E funding

        By Tommy Felts | September 13, 2023

        COLUMBIA, Missouri — The latest tranche of funding for EquipmentShare puts mid-Missouri’s most earth-moving scaleup close to a half-billion dollars in funding announced over the past six months. EquipmentShare, a Columbia-based equipment and digital solutions provider serving the construction industry, on Wednesday announced it completed an extension of its Series E equity raise, led by funds…

        Tesseract Ventures' Alert Route Lighting System illustration

        Tesseract Ventures illuminates its work with US military, lighting new alert system for air force base

        By Tommy Felts | September 13, 2023

        A new military contract showcases Tesseract Ventures’ versatility and sophistication in the national security tech space, said John Boucard, touting the Overland Park-based company’s cutting-edge Alert Route Lighting System planned for MacDill Air Force Base in Tampa. “Tesseract continues its focused mission to revolutionize the way people live, work, and play by developing state-of-the-art technologies…

        Anonymous donor makes $50M commitment to KU School of Business; largest gift in school history

        By Tommy Felts | September 12, 2023

        LAWRENCE — A hefty anonymous donation is expected to transform business education and research at the KU School of Business, said Paige Fields, noting the $50 million commitment will also provide funds to advance key initiatives supporting undergraduate student success. “This transformative gift supports the School of Business’ ongoing commitment to excellence in research and…

        Why the KC Pioneers refuse to stay in their lane; esports league teams with Kansas Speedway for weekend event

        By Tommy Felts | September 9, 2023

        First they watched from stadium seats at the speedway, then from pit road. Now the fans-turned collaborators at the KC Pioneers are on track with one of their biggest partners to date: NASCAR. Kansas City’s premiere esports league has teamed up with the Kansas Speedway to bring traditional racing and esports gaming into the same…