“Traceable Origin, Trackable Supply Chain, Accountable Liability”

The use of medicinal material and products is gaining popularity. To the safety and interest of consumers, a transparent system with detailed information about manufacturing processes of herbal material and products is utmost important. On the market, there is no comprehensive system to track the processes from plantation to manufacturing and marketing. With the advancement of information technology, we have created an open and transparent blockchain-based platform, HerBChain, to enhance the quality assurance and quality control of herbal products. The implementation of blockchain technology is to minimize the manipulation of recorded information, which elevates the platform above a simple logistic traceability system.  A blockchain-based platform together with the non-profit mode of operation, HerBChain, is therefore more reliable in reaching the goal of “Traceable Origin, Trackable Supply Chain, and Accountable Liability”.

The platform can also connect to e-trading platforms so as to promote trading of high quality medicinal material and products.  In due course, HerBChain will help to consolidate and promote the position of Hong Kong as an important hub for trading of high quality herbal material and products.