Foodborne diseases kill 400,000 people a year globally, and hospitalise 700 million more, but Vietnam\'s TE-FOOD corporation is looking to new technology to help combat the problem. Last September\'s Chicken Scandal raised serious concerns about food safety, when it was found that sell-by dates were being tampered with.

Supply chain transparency on a digital ledger system would protect food items all the way from seed to supper, giving consumers the safety reassurance they need. With supply chain tracking, livestock are given individual identities at source, like an implanted chip, carrying essential data which gets recorded onto the Blockchain.

Each step of its journey is catalogued and recorded, and the final record printed out as a barcode for the product packaging. Customers use a dapp to scan the code and see all statistical information about the product, including veterinary checks, vaccinations, legal compliance for export, shipping, etc.

To expand the functionality of their system, TE-FOOD is launching a TEC cryptocurrency token, with an ICO running from 22nd February to 22nd March. Customers scanning produce with the TE-FOOD app will be rewarded with TEC tokens, and businesses can use them along the supply chain. 1 billion tokens will be created, 40% for sale in the ICO, at an equivalent price of 1TEC= $0.05.