Olive oil producer Caroli has partnered with Blocksyte to use blockchain during the shipment of extra virgin olive oil for the first time.
Blocksyte’s SaaS-based application has been used to track Caroli’s olive oil shipment between Italy and the US.
The application monitored real-time location, temperature, humidity, and light exposure, to ensure that the olive oil was handled under optimal conditions throughout its entire journey.
“We are excited to use blockchain to monitor our olive oil from the production facility through customs clearance and into our warehouses,” said Ben D’Antico, co-founder and CEO of Caroli USA.
“This ensures that our customers can be confident that they are paying for and receiving a premium product, which has been tracked from the bottling source.”
In its most recent shipment, Blocksyte provided Caroli with Internet of Things sensors, reporting directly to a tamper-proof immutable blockchain record that its olive oil was shipped within the appropriate temperature range to ensure freshness.
The Blocksyte application also measured humidity, detects potential tampering, and tracked the shipment’s exact location to make sure that nothing was misplaced along the journey.
Blocksyte and Caroli have plans to extend blockchain traceability from the point of production at Caroli’s estate in Martina Franca where growing conditions are ideal for premium extra virgin olive oil.
At the other end of the supply chain, Blocksyte will help Caroli ensure its shipments are received by its retail customers with proper handling.
The companies plan to allow end consumers access to the blockchain record via a code on the bottle label to see exactly when it was packed and shipped, and from which locations, enabling true ‘farm to fork’ traceability.
