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SeafoodTrace

SeafoodTrace: Intelligent Traceability Platform enabling full transparency in the Seafood supply chain

Total Cost €

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EC-Contrib. €

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Partnership

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 SeafoodTrace project word cloud

Explore the words cloud of the SeafoodTrace project. It provides you a very rough idea of what is the project "SeafoodTrace" about.

grow    anti    total    seafoodtrace    logistics    traceability    icelandic    trade    innovations    27    storytelling    wasted    consumers    iot    transparency    context    40    handled    cagr    15    network    gap    tamper    2015    thanks    education    finishing    supply    enabled    id    period    box    platform    market    contacts    close       food    automation    cutting    company    innovative    positions       blockchain    extensive    skynjar    consistently    million    2024    ready    tons    labels    eat    2020    nowadays    chains    stop    overview    more    character    create    edge    sme    temperature    2023    revolutionise    revenues    kept    shipped    waste    provides    printed    quality    properly    industry    gets    technologies    annually    singularities    chain    intelligent    packed    verify    difficult    sensors    surpassing    reduce    digital    global    reliably    safe    inventory    seafood    permanent    origin    producer    surpass    history    trillion    format    monitoring    buy    impossible    shop    refrigerated    smart   

Project "SeafoodTrace" data sheet

The following table provides information about the project.

Coordinator
SKYNJAR TECHNOLOGIES EHF 

Organization address
address: ARMULI 4
city: REYKJAVIK
postcode: 108
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Iceland [IS]
 Project website http://seafoodiq.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2018-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SKYNJAR TECHNOLOGIES EHF IS (REYKJAVIK) coordinator 50˙000.00

Map

 Project objective

More than 5 million tons of seafood are wasted annually in the EU. Traceability is key to reduce food waste and ensure that all food products in the EU are safe for consumers. This traceability and permanent monitoring of the supply chain gets even more crucial when products must be kept refrigerated as it is the case of seafood. Yet, singularities of the seafood supply chain, such as its global trade character and complex value chains make it difficult to consistently identify the origin and history of seafood products. Nowadays it is often still impossible to verify that the seafood we buy is safe to eat, reliably packed and shipped or properly handled. Digital innovations are going to be key in the global logistics market that is set to grow at a CAGR=7.5% in the period 2015-2024 surpassing the €15 trillion in revenues in 2023. Under this context Skynjar Technologies, an Icelandic SME with long-term experience in the seafood industry, is finishing the development of SeafoodTrace, an Intelligent Traceability Platform that will revolutionise the seafood industry by creating a one-stop shop covering traceability, quality control automation in inventory management and new format information for each box. With cutting-edge technology including anti-tamper smart labels based on printed, temperature sensors, each with a unique ID number, and an innovative, blockchain-enabled IoT platform, SeafoodTrace provides an end-to-end overview of the supply chain. Thanks to SeafoodTrace we will be able to reduce 20-40% the total seafood wasted along the supply chain. SeafoodTrace unique features - extensive transparency, education and product storytelling – will allow us to close the information gap from producer to consumer. SeafoodTrace will be ready for market uptake at the end of 2020. Thanks to our extensive network of contacts within the seafood sector, we expect to rapidly grow and surpass the €27 million revenues by 2023 and create up to 30 new positions in our company.

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The information about "SEAFOODTRACE" are provided by the European Opendata Portal: CORDIS opendata.

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