Earth Twine partners with Stratis!
The first implementation of blockchain technology for the seafood industry, the second largest traded commodity on Earth! “The global fish & seafood market had total revenues of $158.1bn in 2015 …” – Wise Guy Reports
This partnership creates the first dedicated blockchain system for origin data and tracking for the international seafood industry –The Earth Twine-Stratis Platform. This platform combines collaborative technologies (Earth Twine, SPARKL, Stratis), and will provide the means for tracking mandatory data for IUU compliance. (Info below)
As seafood industry professionals, the EARTH TWINE team has created a solution born of the industry itself. In collaboration with The Association of International Seafood Professionals (AISP), Earth Twine has established the means for inclusive representation of all sectors of seafood professionals. Earth Twine’s comprehensive understanding of the unique seafood supply chain, and the Code of Federal Regulations (CFR’s) has led to the development of its solution that provides a product for all stakeholders of the supply chain, small and large.
SPARKL enables our multiple tracking applications and systems to work collaboratively within legacy environments. This fuels the platform to orchestrate multiple structures and will reduce complexities in the seafood supply chain.
Stratis will establish distinct, dedicated blockchains, tokens and applications to integrate Earth Twine’s global seafood tracking solution onto the blockchain. This rapid innovation and development will transform the seafood industry by introducing unprecedented levels of trust, collaboration and settlement, in turn, increasing productivity and sustainability.
Starting January 2018, the Seafood Import Monitoring Program requires specific data related to seafood imports to be provided electronically to U.S. Customs and Border Protection. For many years, illegal, unreported and unregulated (IUU) fishing and/or misrepresented seafood have affected global seafood markets. The Earth Twine-Stratis Platform will significantly help solve the NOAA Compliance Standards (who, what, when, where) that will confirm and validate the information as proof positive.
A fundamental partnership for Earth Twine is Greenberg Traurig Law, the largest law firm in the USA. The Earth Twine team benefits from Greenberg Traurig Law’s international presence, industry specific knowledge of blockchain innovation, and its evolution and emerging regulations around cryptocurrencies by the US Securities and Exchange Commission (SEC).
“Our goal is confirmation and compliance of product”
“We Make BlockChain Easy For You”
– Stratis Platform
For enquiries contact:
Earth Twine, Inc.
Stratis Group Ltd.