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

        work sessions

        City asks: ‘What do we want to be when we grow up?’ Startups invited to answer Saturday, Tuesday

        By Tommy Felts | August 25, 2018

        The startup community is a strong group the City of Kansas City, Missouri, should embrace — especially as it crafts local legislation and regulations that will shape the metro for generations, said Sarah Shipley. The Kansas City Startup Foundation board chair’s words come as KCMO officials organize a series of community work sessions, geared toward…

        2018 ScaleUP! Kansas City cohort

        ScaleUP! KC announces eighth cohort of firms eyeing serious growth

        By Tommy Felts | August 24, 2018

        The ScaleUP! Kansas City program has welcomed another large batch of growing companies hoping to accelerate their businesses. ScaleUP announced Wednesday that it accepted 17 Kansas City area companies into its ranks, offering the firms mentorship, resources and connections. The new cohort of entrepreneurs represent varied industries, such as IT, wellness, landscaping, education, architecture and…

        Tech First: Bank’s new pitch event aims to connect investors, startup founders

        By Tommy Felts | August 24, 2018

        Roots of growth and prosperity are being planted in Kansas City, furthering the advancement of the metro’s tech sector, said Rob Barker. “One of the biggest challenges for these tech companies is finding those investors to speak to,” said Barker, president – Kansas City Region of First Business Bank. First Business, locally based in Leawood,…