BASF Corporation and arc-net, are collaborating to use blockchain technology to capture and analyze sustainability parameters in livestock production along the value chain. arc-net is a technology company utilizing blockchain technology to provide transparency in the agri-food industry. As part of this collaboration, BASF will use its tailored calculation tool, AgBalance Livestock to provide science-based information on environmental impacts along the animal production value chain.

With global pressure to reduce emissions from the agricultural and livestock sectors, consumers and regulators worldwide are becoming more focused on setting defined sustainability criteria. BASF and arc-net are collaborating to support the animal production value chain in meeting these demands.

“Venturing into this collaboration with arc-net is a key milestone in our efforts to enable our customers to grow sustainably,” said Alexa Beaver, Digital Innovation, BASF. “We never stop thinking about what more we can do to create valuable sustainable measures, and this project is a great step forward.”

“The pilot aims to show how this application of the arc-net Blockchain and AgBalance Livestock tool can support a connected community to increase collaboration and provide valuable insights on how environmental impacts can be mitigated across the livestock sector,” said Kieran Kelly, CEO of arc-net. “Working with BASF to promote sustainability and innovation to deliver better outcomes is extremely exciting and arc-net is looking forward to helping BASF and its customers achieve their goals and objectives worldwide.”