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

Total Cost €


EC-Contrib. €






 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.

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

Project "SeafoodTrace" data sheet

The following table provides information about the project.


Organization address
address: ARMULI 4
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
 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


Take a look of project's partnership.

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


 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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