TraceX collaborates with CannSol to offer traceable nutraceuticals

TraceX Technologies has partnered with Liechtenstein-based CannSol. Through this collaboration with TraceX, CannSol will offer traceability of each ingredient at every stage of the production of the product. Considering the number of stakeholders involved in the supply chain, traceability is crucial to ensure visibility and transparency in the supply chain and to build a credible product. TraceX’s blockchain-powered traceability solution enables CannSol to have all the stakeholders on a common platform, thereby providing trust and transparency to all. Dr Angelo Pidroni, CEO, CannSol, said, “This partnership with TraceX further strengthens our commitment to creating traceable and trustworthy products. With TraceX, each raw material and each final product is labelled with a QR code from the system.

In this way, we can provide all the necessary data at any time. When the end customer scans this code, he sees a customised interface where they can trace the most important information about the product and its ingredients.” Commenting on the partnership, Anil Nadig, Co-Founder, TraceX Technologies, said, “By offering traceability for their products, CannSol is redefining the farm-to-bottle story of the raw material extracts from the Indian soil to the European market shelves. A connected supply chain with transparency across the multi-stakeholders is the need of the hour and that is being realised with TraceX's Blockchain traceability platform.”