- In conjunction with xFarm, Olio BuondiOLI becomes the first vendor to integrate blockchain technology with QR codes to enhance tracking and security of their data.
- QR Code innovations will pave the way for blockchain adoption
Today, xFarm announced that Olio BuondiOLI would integrate blockchain technology to improve traceability and the security of their data via @Vechainitalia. The bottles of Olio BuondiOLI have QR Codes on the necks which are speculated to be the tags linking to the blockchain.
Blockchain Securing QR Codes
Blockchain application in QR codes is projected to play a large role in crypto and blockchain adoption – Vechain currently being the leader in this field. QR codes have become prevalent in many applications, thanks to projects that make use of blockchain technology. Through blockchain, QR codes can now be used for payments, authentication, and exchange of contact information securely.
In December 2018, Enjin (a gaming blockchain company) introduced Enjin beam, a powerful wallet update which allows users to scan QR codes and receive digital assets. Enjin believes that this technology will incredibly impact different retail, advertising, and technology firms since they will use it to reward users with tokenized prizes, unique collectible items, discount coupons, and other benefits.
xFarm is a platform that records and manages farmers’ data. It does all that right from a user’s tablet, smartphone or computer and can be accessed at any time. The platform comprises entrepreneurs from around the world including the United States, Ukraine, Asia, and Europe. xFARM COMPANY is created to merge leadership, upcoming and high potential projects from various industries who want to enter new markets, increasing sales and popularization.
A company creates a great name and reputation by having a strong data security. QR Code technology is certainly looking good here as it will benefit companies with cost-effective means of keeping records and tracing the creation and shipping of a product. With QR Code integrated with blockchain technology such as Vechain, it will solve a significant problem for brands seeking new ways to enhance customer engagement and lifetime customer value.