- Pacific
Software has opened a Hong Kong office and retained an adviser to lead its
operations in China
- The
hyperledger systems developer expects to complete a blockchain-based
software platform by month’s end to manage supply tasks
- Supply
chain management is particularly crucial to the food industry, which has
dealt with high-profile contamination concerns during the past year
- The
company’s e-commerce portal and trade platform will also provide services
in smart contracts, digital marketing and fintech
Two days before Thanksgiving, the U.S. Centers for Disease
Control (CDC) issued a warning to the entire country — don’t eat romaine
lettuce. For the second time this year, restaurants and grocers found
themselves pressured to toss their inventory for fear it might be among the
produce tainted by the E. coli bacteria, and the Thanksgiving cooks at home had
to decide if they needed to do something different for salads. Emerging
technology development business Pacific Software Inc.’s (OTC: PFSF) foray into
blockchain-based agricultural supply chain management envisions a world in
which such incidents are limited in scope, and the source of the contamination
is more rapidly ferreted out.
Pacific Software is a designer and developer of hyperledger
blockchain-based systems that is focusing its resources on agricultural and
drug trade supply lines. The company’s farm-to-table blockchain solution aims
to help the market follow the distribution of products such as heads of romaine
lettuce, particularly through the use of Internet of Things (IoT) barcode or
RFID technology that can allow easy application with handheld computers.
The U.S. Food and Drug Administration ultimately determined
that this fall’s E. coli outbreak could be traced back to a specific Santa
Maria, California, farm and potentially others, as well, according to an
announcement (http://ibn.fm/qjtrJ)
by the federal agency on December 13 that led the identified farm to recall
three additional types of produce “out of an abundance of caution.”
The fall E. coli outbreak sickened a reported 59 people from
15 states and Washington, D.C., hospitalizing nearly half of them (http://ibn.fm/WQWVW). None died,
but in the E. coli taint incident linked to romaine lettuce in Arizona between
March and June of last year, five of the 210 sickened people died, and the
specific farm from which the lettuce originated was never able to be
identified. While the two cases do not appear to be related, the E. coli strain
involved in the latest case appears to have the same genetic fingerprint as one
that sickened people in the United States and Canada late last year, according
to the Washington Post (http://ibn.fm/UjTki). The source of that contamination was
also never identified.
“The quick and aggressive steps we’re taking today are aimed
at making sure we get ahead of this emerging outbreak, to reduce risk to
consumers, and to help people protect themselves and their families from this
foodborne illness outbreak. This is especially important ahead of the
Thanksgiving holiday, when people will be sitting down for family meals,” FDA
commissioner Scott Gottlieb told the Post after the most
recent romaine alert was issued.
Pacific Software is developing a multi-lingual software
platform designed not only to protect the agricultural pipeline domestically
from such a nationwide scare, but to safeguard the international transport of
food products, as well (http://ibn.fm/F87Z4).
The e-commerce portal and trading platform is scheduled for release at the end
of Q1 2019, and it is expected to provide services that include blockchain
solutions, smart contracts with a search interface, digital marketing and
fintech applications.
The company announced on November 29 that it had opened an
office in Hong Kong, and it has retained experienced investment businessman
Wallace Lo to serve on its advisory board and to oversee its business
operations in China (http://ibn.fm/Jb6PV).
“Reassurance regarding the provenance, safety and quality of
products delivered may save exporters significant time and resources in the
event a product becomes subject to recall,” the company stated in making the
announcement. Through the use of its blockchain-based solution, “an error free,
tamper proof record covering the entire supply chain may be provided which
could pinpoint the precise origin of any contamination, thereby enabling a
narrow, focused and efficient recall of the affected products.”
For more information, visit the company’s website at www.PacificSoftwareInc.com
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