Know Your Farmer, Know Your Food
Farm2Kitchen? is building a decentralized Food Traceability platform on the Blockchain for the Food Distribution industry. The Blockchain is a distributed digital ledger to track the food at every stage of the supply chain from the farm all the way to the kitchen. We are providing secure Application Programming Interfaces (APIs) for Software Developers to build apps to access the platform. To protect people from unsafe food, you have to be fast and you have to be right ? and Farm2Kitchen? Blockchain technology offers a chance to improve speed, accuracy and trust levels as never before. Farm2Kithen? founders along with GS1 India, have already successfully delivered Food Traceability solutions to farmer producer organizations in India. In sustainable agriculture space since last 5 years, Farm2Kitchen? is also a pioneer of organic food retailing in India.
Farm2Kitchen, an organic food distribution startup, has operated an online store and several retail stores across western India for the past five years. They have developed a network of over 100,000 small farmers and producers and provided them the training and resources to grow organic food. This business has grown from a modest initial investment of $60,000 raised from friends and family. Our founders bring a diverse experience from Food Production, Distribution, Supply Chain Management (SCM) and Information Technology (IT) specializing in the Food industry. We are utilizing our experience and the huge network of farm producers, food packagers, retailers, and restaurants to envision the portfolio of products and solutions that will address the critical problems faced by the food industry. Farm2Kitchen is building the first technology platform of its kind for the Food Supply Chain. By utilizing the Blockchain technology of distributed ledger and smart contracts to uniquely track every step of the food delivery on a shared ledger in order to ensure transparency, Food Safety and provide the foundation for sustainable agricultural growth and food security. Farm2Kitchen is also planning to expand its operation to include distribution to restaurants, cafeterias, and food services across western India. We will make the technology platform available on the public Cloud as a Software as a Service (SaaS) application on subscription basis for other food supply chains to use around the world. Apart from the SaaS offering, we will provide Application Programming Interface (API) access for developer who would like to build their own apps for the platform. The company expansion plan will be supported by raising money from an Initial Coin Offering (ICO). Sales projections for the next three years are based on current sales success with the target customer base in Asia. Initial contacts have been made with thousands of restaurants and retail outlets throughout the western states of India and the potential target markets have been identified. This plan will result in sales revenues growing to a breakeven point by the end of the second year of operations.