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

        Feeling bad vibes at work? It actually could be your own fault (Holistic Hustle)

        By Tommy Felts | August 5, 2022

        Kharissa Parker-Forte is a news producer, writer, certified health coach, and columnist for Startland News.  Read her “Holistic Hustle” columns for Startland News here. For more of her self-care tips on how to keep your cup full, visit kparker.co. Editor’s note: This commentary kicks off Parker-Forte’s series on the 7 Pillars of Self-Care by discussing…

        Rapidly scaling PayIt raises another $90M amid ‘long-overdue transformation’ of govtech 

        By Tommy Felts | August 4, 2022

        Growth and continued innovation are on the docket as Kansas City-filed PayIt closes a $90 million funding round.  Led by the global firm Macquarie Capital Principal Finance, the capital injection is expected to keep fueling PayIt’s commitment to simplify the way people interact with the public sector in everyday places like the DMV and court…

        Outside look from the inside: What a visiting economic fellow found in KC (rival BBQ is just a taste)

        By Tommy Felts | August 3, 2022

        After spending his summer in Kansas City, the metro reminds Alvin Gusman a lot of his hometown, Austin, he said. The Texas A&M student is in the last two weeks of his 10-week Equity in Economic Development Fellowship with the Economic Development Corporation of Kansas City (EDCKC), reflecting on the experience. “I’ve actually really enjoyed…

        55-shoe collection to online sneaker platform: How Nazr El-Scari opened a market to affordable, rare kicks

        By Tommy Felts | August 3, 2022

        Sneakers are a distinct statement of individuality, Nazr El-Scari said, lacing up his venture’s sole purpose: to put dream shoes within reach “Growing up, I remember the excitement of opening a new pair of shoes. My older brother and his friends always had the dopest sneakers that you couldn’t find anywhere in Kansas City; it…