ECOS is a Global Crypto Chain for Food and Drinks Industry
Big players like Walmart and IBM are partnering to solve problems within food and drinks industry. The market is known for its numerous setbacks and issues needed urgent solutions. One of the biggest problems being sale of counterfeit, illegal and poor quality products and drinks. The fraud issue is especially big in alcohol drinks market. ECOS company came up with an idea to develop a software based on public blockchain technology. The system’s main task will be to control and inspect food and beverages. Users will be able to check whether a particular product is in compliance with sanitary norms and safety standard via dedicated app. There will be a public blockchain storage for all information related to products and drinks. ECOS system launch is planned for Q4 2019.