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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.

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

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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