Do you remember the TE-FOOD Masternodes project I presented you earlier? During the last couple of weeks, they are developed enormously by signing partnership contracts with several companies. I would like to review the latest 3 of them and I have also gathered a nice reminder of a program they have been chosen to participate in.
TE-FOOD and Tier 1 Network
At the middle of October, TE-FOOD negotiated partnership conditions with a large agricultural company – Tier 1 Network. This is going to let the Masternode ecosystem jump directly into the Indian market of farm managing. The two projects decided to cooperate for the purpose of supporting each other’s portfolios. Considering that the Indian market is one of the biggest in a world-wide perspective, the Tier 1 Digital (the unit responsible for the farms software) took the decision to implement the TE-FOOD blockchain. The company’s executives are both coming from the corporate food industry and they completely understand the need of implementing a software to provide the highest quality when it comes to human’s goods such as food.
TE-FOOD’s three-sided alliance
A three-sided agreement was signed at the very end of October between TE-FOOD, Laurel Group and the University of Debrecen.
The last-mentioned plans to become one of the largest centers in Europe able to trace food. What they actually need is a field for practically implementing their theoretical knowledge and meanwhile work with innovative technologies such as blockchain. That’s why students will start working on materials about link-ability and surveillance of food from the farm to the customer’s table. They’ll also support the food domain and organize multiple experience exchanges with the Mad Wine Academy.
Laurel Group is a long-lasting food company, which has multiple customers from different industries. They have decided to become TE-FOOD’s partner when it comes to sales, because they have successfully supported Adidas, Coca Cola, Tesco, IKEA and lots of other companies during the last 25 years.
TE-FOOD’s Memorandum with NZTC
The memorandum signed by the New Zealand’s Trade Center and TE-FOOD requires cooperating in two separate areas. Firs of all, blockchain technology will be implemented in the center, so they can follow in real time the exported fruits from New Zealand to other Asia parts like China, Vietnam and Taiwan. In return, NZTC will market TE-FOOD’s technology by presenting it in multiple food industries in New Zealand.
TE-FOOD joined the TERRA program
As promised, I would like to slightly remind in the same ton, that TE-FOOD managed to join the program of one of the biggest food companies, which offers multiple opportunities to different corporations – TERRA. Applied together with 160 candidates, TE-FOOD was between the 17 chosen to participate in the program and profit its features as a pilot startup project. I’ll definitely keep you posted on the results after several months.